久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

China's CNOOC eyes higher Unocal bid - FT
(Agencies)
Updated: 2005-07-14 06:45

China's CNOOC Ltd will consider raising its $18.5 billion takeover bid for U.S. oil producer Unocal, the Financial Times reported on Wednesday citing people familiar with the matter.

A Unocal oil truck is seen here at an oil storage facility in this US government photo. [AFP]

The paper said CNOOC's board was expected to approve changes to the bid, including giving management permission to raise the takeover offer above the $67 per share in cash already offered. CNOOC's bid tops a $16 billion offer from Chevron Corp, although it faces numerous regulatory and political hurdles.

Investor and analysts expect that Unocal will press Chevron to lift its offer or risk losing its support for the deal. The Unocal board is due to meet this week to discuss the takeover offers.

Close

Special police detachment established in Xi'an Panda cubs doing well in Wolong Suspect arrested in Taiwan

Today's Top News     Top China News
Taiwan's KMT Party to elect new leader Saturday         'No trouble brewing,' beer industry insists         Critics see security threat in Unocal bid         DPRK: Nuke-free peninsula our goal         Workplace death toll set to soar in China         No foreign controlling stakes in steel firms	No foreign controlling stakes in steel firms       China-made telescopes race to space       'No trouble brewing,' beer industry insists       HK investors cautious on mainland homes       Law in pipeline to ban money laundering       Overseas students test their Chinese abilities