A prominent debt rating agency says the Chinese takeover of Nexen isn’t an easy call.
DBRS says the benefits of the takeover by CNOOC are somewhat mixed.
It says from a business perspective, Nexen is already a strong company with good access to markets.
But politically, the deal would dramatically improve Canada-China relations.
The federal government still has to decide whether the deal would provide a ‘net benefit’ to Canada.
September 26, 2012
