August 30, 2017 / 3:01 AM / a month ago

BRIEF-Nexen to merge with goods storage and transportation firm

Aug 30 (Reuters) - Nexen Corp :

* Says it plans to issue 2,663,807 shares of the company to merge with a goods storage and transportation firm

* Merger ratio is 1.0000000 : 8.8793666 between the company and target company

* The company will survive and the goods storage and transportation company will be dissolved after merger

Source text in Korean: goo.gl/nZE2Ad

Further company coverage: (Beijing Headline News)

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