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nexen
’Total’s Nexen plan
The Times was reporting on Wednesday afternoon that French oil group Total has decided against bidding for Nexen, the Canadian oil company. The decision follows a meeting of Total’s board in Paris yesterday,
Total set to consider offer for Nexen
The board of Total is meeting to consider an offer of up to C$19.7bn for Nexen, the Canadian oil company, FT Alphaville has learnt.
It is understood the French oil company is prepared to offer up to C$38 a share for Nexen,