Minister of Industry Confirms Extension of Review Period Under the Investment Canada Act
(firmenpresse) - OTTAWA, ONTARIO -- (Marketwire) -- 11/02/12 -- Today, the Honourable Christian Paradis, Minister of Industry, made the following statement:
"The review period for CNOOC Limited's proposed acquisition of Nexen Inc. under the Investment Canada Act has been extended to December 10, 2012.
"Extensions to the review period are not unusual. In general terms, the Act provides an initial 45 days for the review, which can be extended for an additional 30 days. The review period may be extended again by the Minister, with the consent of the investor. A decision can be made at any time within this period.
"The proposed transaction is undergoing a rigorous review under the Investment Canada Act. A determination will be made based on the six clear factors that are laid out in detail in section 20 of the Act and the Guidelines on Investment by State-Owned Enterprises.
"The required time will be taken to conduct a thorough and careful review of this proposed investment."
Contacts:
Margaux Stastny
Director of Communications
Office of the Honourable Christian Paradis
Minister of Industry
613-995-9001
Media Relations
Industry Canada
613-943-2502
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 02.11.2012 - 18:09 Uhr
Sprache: Deutsch
News-ID 1166801
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
OTTAWA, ONTARIO
Phone:
Kategorie:
Government & Administration
Anmerkungen:
Diese Pressemitteilung wurde bisher 300 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Minister of Industry Confirms Extension of Review Period Under the Investment Canada Act
"
steht unter der journalistisch-redaktionellen Verantwortung von
Industry Canada (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
