CALGARY — MEG Energy Inc. has accepted a friendly cash-and-stock takeover offer from oilsands neighbour Cenovus Energy Inc. worth $7.9 billion, including debt, but Strathcona Resources, the hostile ...
Earlier this week, Cenovus Energy reported first-quarter adjusted earnings that exceeded analyst estimates and delivered ...
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 ...
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 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 ...
CALGARY, Alberta, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced that it has entered into an amending agreement in respect of the arrangement agreement ...
Strathcona will offer to acquire all of the issued and outstanding common shares not already owned by it of MEG for 0.62 per share of Strathcona and C$4.10 in cash per MEG share The offer represents ...
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 ...
Oil producer MEG Energy Corp. postponed its planned shareholder vote on a takeover offer from Canadian rival Cenovus Energy Inc., saying it’s still just short of the support it needs for the deal to ...
Cenovus Energy CVE is in advanced discussions with a coalition of Canadian Indigenous groups to join forces in acquiring oil sands producer MEG Energy, according to Bloomberg sources. According to the ...
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