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

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

Cenovus Energy said its proposed buyout of rival MEG Energy will unlock hundreds of millions of dollars in savings by ...

Shares of energy companies rallied after Federal Reserve Chairman Jerome Powell laid the groundwork for a potential rate cut in September during his speech from a Wyoming symposium. Oil futures rose ...

CALGARY — MEG Energy Inc. has accepted a friendly cash-and-stock takeover offer from oilsands neighbour Cenovus Energy Inc.

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 ...

Cenovus Energy has entered into an agreement with MEG Energy to acquire the company. They will acquire common shares at $27.25 per share.

Cenovus will acquire MEG Energy for $7.9B, creating one of Canada's largest oil sands producers. Deal includes cash and stock ...

Shares of Cenovus Energy rose by 4.1% to C$22.03 after it said it agreed to a C$7.9 billion deal to buy MEG Energy in a move that sets the stage for a larger pure-play producer focused on the Canadian ...

Cenovus Energy is buying rival MEG Energy for 7.9 billion Canadian dollars, about $5.68 billion, the latest consolidation move in Canada's oil patch as producers bulk up in the country's vast ...

Cenovus Energy is set to acquire MEG Energy in a CAN$7.9 billion deal, combining two SAGD oil sands producers aimed at ...