American, T. Rowe win big in oil M&A deal
American Funds and T. Rowe Price Group Inc. are the big mutual fund winners in Chinese offshore oil producer CNOOC Ltd's acquisition of Nexen Inc. (NXT).
American Funds and T. Rowe Price Group Inc. are the big mutual fund winners in Chinese offshore oil producer CNOOC Ltd's acquisition of Nexen Inc. Ticker:(NXT).
CNOOC Ticker:(CEO) on Monday morning announced plans to buy the Canadian oil producer for $27.50 a share, a 61% premium over the previo
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