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Cenovus Energy to Buy MEG Energy in C$7.9B Oil-Sands Tie

The Wall Street Journal · 12h

Cenovus Energy to Buy MEG Energy in $5.68 Billion Oil-Sands Tie-Up

Cenovus Energy said its proposed buyout of rival MEG Energy will unlock hundreds of millions of dollars in savings by consolidating their neighboring oil-sands operations in Alberta.

Seeking Alpha · 10h

Cenovus Energy's MEG Energy Acquisition: More Double-Digit Dividend Growth In The Future Likely

Cenovus Energy is acquiring MEG Energy for C$27.25/share, unlocking value from Christina Lake assets with 75% cash, 25% shares. Learn why CVE stock is a strong buy.

Reuters on MSN · 1d

Cenovus to acquire MEG Energy in C$7.9 billion oil sands expansion deal

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 MEG,

1d

Cenovus signs $7.9B deal to buy MEG as Strathcona says company is 'preying on a weak board'

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

1d

Cenovus to buy MEG Energy in $7.9-billion deal

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

The Canadian Press on MSN21h

MEG agrees to $7.9B Cenovus takeover

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

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