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Cenovus announces agreement to acquire MEG Energy
CALGARY, Alberta, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced that it has entered into a definitive arrangement agreement to acquire MEG Energy Corp. (TSX: MEG) (“MEG”) in a cash and stock transaction valued at $7.9 billion, inclusive of assumed debt.
The Canadian Press on MSN1d
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, ...
Cenovus Energy’s $5.2B MEG deal adds low-cost output, synergies, and long-life reserves while preserving dividends and credit ...
Cenovus Energy is in talks with Canadian Indigenous groups to jointly buy MEG Energy , Bloomberg News reported on Tuesday, ...
After rejecting a hostile takeover from Strathcona in June, MEG announced a friendly agreement with Cenovus on Friday ...
Strathcona Resources will vote against Cenovus Energy's C$7.9B acquisition of MEG Energy, founder Adam Waterous said.
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