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Cenovus signs $7.9B deal to buy MEG as Strathcona says company is 'preying on a weak board'
Cenovus Energy Inc. has signed a cash-and-stock deal to buy MEG Energy Corp. that values the company at $7.9 billion, including debt. The deal comes after Strathcona Resources Ltd. made an unsolicited offer for MEG in May that the company urged shareholders to reject.
We are reviewing MEG Energy and Strathcona Resources stock again amid a combative takeover bid. Click here to find out why ...
TSX:SCR 1 Year Share Price vs Fair Value Explore Strathcona Resources's Fair Values from the Community and select ...
CALGARY, AB, July 2, 2025 /CNW/ - Strathcona Resources Ltd. ("Strathcona" or the "Company") (TSX: SCR) is pleased to confirm the closing of its previously announced Montney asset sales, for total ...
Strathcona Resources will vote against Cenovus Energy's C$7.9B acquisition of MEG Energy, founder Adam Waterous said.
It appears that Strathcona Resources insiders own 0.3% of the company, worth about CA$23m. This level of insider ownership is good but just short of being particularly stand-out.
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