Cenovus Energy said on Friday it will acquire MEG Energy in a cash-and-stock deal worth C$7.9 billion ($5.68 billion), including debt, creating one of Canada’s largest oil sands producers. The ...

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Cenovus Energy on Friday announced it has entered into a definitive arrangement agreement to acquire MEG Energy Corp in a cash and stock deal valued at US$5.7 billion (C$7.9 billion), including ...

Cenovus Energy is raising its takeover bid for MEG Energy in the best and final offer to buy the company that has seen rival bids from Cenovus and Strathcona Resources in recent months. Cenovus ...

Cenovus Energy agreed to acquire MEG Energy in a CAN$7.9-billion deal. The combined assets will produce over 720,000 b/d, with total oil sands production projected to reach about 850,000 b/d by 2028.

Cenovus Energy has increased its price for MEG Energy and said its shareholders will have the option to receive more in shares if they choose as it looks to ward off rival offers. The Calgary, Alberta ...

A Cenovus Energy Inc. executive downplayed the chance the oil sands producer would offer to buy MEG Energy Corp., saying the company is more focused on expanding existing assets than making ...

Sept 8 (Reuters) - The bidding war for Canadian oil sands producer MEG Energy (MEG.TO), opens new tab heated up on Monday as Strathcona Resources (SCR.TO), opens new tab raised its offer, seeking to ...

MEG vote rescheduled to November 6 Cenovus and former rival Strathcona announced voting support deal Monday Meeting delay will allow for disclosures around Cenovus sale of assets to Strathcona The ...

Strathcona is an oil and gas producer with headquarters in Calgary The company in May offered to acquire those MEG shares it does not already own for 0.62 per share of Strathcona and C$4.10 in cash ...

CVE's lower valuation, MEG synergies and integrated model make it stand out over VLO despite strong gains for both energy ...

Well, good morning, ladies and gentlemen. Welcome again to this special meeting of the shareholders of MEG Energy. My name is Jim McFarland, and I'm Chair of the Board of Directors of MEG Energy and ...