Cenovus Energy agreed to acquire MEG Energy in a cash and stock deal valued at C$7.9B (~US$5.7B) including debt, creating one ...

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

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

Cenovus Energy Inc. has signed a cash-and-stock deal to buy MEG Energy Corp. that values the company at $7.9 billion, ...

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

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

The Cenovus takeover unites two Calgary-based firms with significant operations in the oil-sands region of northeastern ...

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