Cenovus said it expects to find $150 million in annual synergies in 2026, increasing to $400 million a year by 2028.

Strathcona Resources will vote against Cenovus Energy's C$7.9B acquisition of MEG Energy, founder Adam Waterous said.

MEG Energy Inc. has accepted a friendly cash-and-stock takeover offer from oilsands neighbour Cenovus Energy Inc. worth $7.9 ...

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

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

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 ...

Following weeks of speculation, Cenovus Energy Inc. unveiled a $7.9-billion white knight bid for MEG Energy Corp. on Friday, ...

Powell carefully opened the door to an interest-rate cut in September, pointing to rising risks for the labor market even as ...