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Cenovus And MEG Energy

The Wall Street Journal · 13h

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 · 9h

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.

Reuters on MSN · 1d

Cenovus to acquire MEG Energy in C$7.9 billion oil sands expansion deal

Canada's Cenovus Energy announced on Friday it will acquire MEG Energy in a C$7.9 billion ($5.68 billion) cash-and-stock deal, ending weeks of speculation that it would emerge as a white knight for MEG,

The Canadian Press on MSN8h

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, ...

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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