News

Cenovus acquires MEG Energy for CAD$7.9B, boosting reserves & synergies with CAD$400M+ savings. Read here for the deal's ...
Cenovus Energy said its proposed buyout of rival MEG Energy will unlock hundreds of millions of dollars in savings by ...
Cenovus Energy is acquiring MEG Energy for C$27.25/share, unlocking value from Christina Lake assets with 75% cash, 25% ...
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 Inc. (NYSE:CVE) said Thursday it will acquire MEG Energy Corp. (OTC:MEGEF) in a cash-and-stock deal valued at ...
Purchase Price, payable 75% in cash and 25% in Cenovus shares, represents a 33% premium to MEG's unaffected 20-day ...
The union of the two Calgary-based companies will see Cenovus acquire all of the common shares of MEG for $27.25 per share, ...
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.
Cenovus Energy said on Friday it will acquire MEG Energy in a cash-and-stock deal worth C$7.9 billion ($5.68 billion), ...
Cenovus Energy Inc. is in talks with Indigenous groups in Canada to jointly buy MEG Energy Corp., an oilsands producer that ...
After rejecting a hostile takeover from Strathcona in June, MEG announced a friendly agreement with Cenovus on Friday ...
Cenovus Energy is set to acquire MEG Energy in a CAN$7.9 billion deal, combining two SAGD oil sands producers aimed at ...