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

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.

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Cenovus signs $7.9 billion cash-and-stock deal to buy MEG Energy

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Cenovus Energy Strikes $7.9 Billion Deal To Acquire MEG, Creating Oil Sands Powerhouse

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

Cenovus' offer of C$27.25 per share gives MEG an equity value of about C$6.93 billion, according to Reuters calculations.

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

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Cenovus Energy to acquire MEG Energy in $6.93-billion deal

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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, including debt. The deal comes after Strathcona Resources Ltd. made an unsolicited offer for MEG in May that the company urged shareholders to reject.

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Cenovus in talks with Canadian Indigenous groups to buy MEG Energy, Bloomberg News reports

Cenovus Energy is in talks with Canadian Indigenous groups to jointly buy MEG Energy , Bloomberg News reported on Tuesday, citing people familiar with the discussions.