WASHINGTON/CALGARY: U.S. regulators have approved the US$15.1 billion takeover of Canadian oil and gas company Nexen Inc by China's state-owned CNOOC Ltd , removing the final obstacle to the Asian country's largest-ever foreign takeover.
But a senior U.S. legislator said he planned to introduce legislation to block future deals like this, which involve U.S. properties that are free of royalties.
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