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Cenovus And MEG Energy

The Wall Street Journal on MSN · 17h

Cenovus Energy to Buy MEG Energy in $5.68 Billion Oil-Sands Tie-Up

Cenovus Energy said its proposed buyout of rival MEG Energy will unlock hundreds of millions of dollars in savings by consolidating their neighboring oil-sands operations in Alberta.

Seeking Alpha · 12h

Cenovus And MEG Energy: Great Deal

Cenovus acquires MEG Energy for CAD$7.9B, boosting reserves & synergies with CAD$400M+ savings. Read here for the deal's strategic rationale.

Yahoo Finance · 1d

Cenovus Energy Strikes $7.9 Billion Deal To Acquire MEG, Creating Oil Sands Powerhouse

Cenovus Energy Inc. (NYSE:CVE) said Thursday it will acquire MEG Energy Corp. (OTC:MEGEF) in a cash-and-stock deal valued at $7.9 billion, including debt, creating one of the largest players in Canada’s oil sands sector.

The Canadian Press on MSN12h

Strathcona blasts MEG Energy’s ‘weak board’ as company chooses $7.9B Cenovus deal

Cenovus Energy Inc. has signed a cash-and-stock deal to buy MEG Energy Corp. that values the company at $7.9 billion, ...

16h

Cenovus Energy's MEG Energy Acquisition: More Double-Digit Dividend Growth In The Future Likely

Cenovus Energy is acquiring MEG Energy for C$27.25/share, unlocking value from Christina Lake assets with 75% cash, 25% ...

1d

Cenovus to buy MEG Energy in $7.9-billion deal

After rejecting a hostile takeover from Strathcona in June, MEG announced a friendly agreement with Cenovus on Friday ...

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