03:47 PM EST - Nexen Inc. : announced today that Nexen has received approval from the Committee on Foreign Investment in the United States (CFIUS) with respect to the proposed acquisition of Nexen by CNOOC Limited, and now has all of the requisite approvals to proceed to close. The transaction is expected to close the week of February 25, and remains subject to customary closing conditions. Nexen Inc.
shares T.NXY are trading up $0.57 at $27.50.
