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 ...

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

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 ...

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

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

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 ...