News and analysis on global M&A and corporate financing strategies

Finance / Canada

CNC Boosts Albertan Oil Sands Presence Through Opti Acquisition

July 2011 | M&A Analysis

State-run China National Offshore Oil Corporation (CNC) has swept up Canadian oil sands developer Opti Canada, announcing on July 20 2011 that it would acquire the company for US$2.1bn.

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