Brief Introduction of U.S. Foreign Capital M＆A Laws——Case Studies and Suggestions to China’s Construction of Foreign Capital M＆A Legal Framework

摘要

＜正＞Ⅰ.Case Studies 1.CNOOC-Unocal transaction On June 23,2005,the China National Offshore Petroleum Company,Ltd.（CNOOC）,announced its intention to acquire Unocal,a California-based American oil company.Unocal owned oil reserves around the world and represented 0.8 percent of US oil production.1 Before CNOOC’s involvement,Unocal was already in the midst of negotiation with Chevron,another California-based American oil company.