SHANGHAI, Aug. 2 —The giant Chinese oil company Cnooc today ended its $18.5 billion takeover bid for the Unocal Corporation of America, citing fierce political opposition to its bid in Washington that it called “regrettable and unjustified."
Tuesday, August 02, 2005
China Withdraws Bid!
If you remember I mentioned the Chinese Thirst for Oil Comes to America, and they had bid on US Unocal Oil. Now the New York Times is reporting Chinese Company Ends Unocal Bid.
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