News

Strathcona Resources will vote against Cenovus Energy's C$7.9B acquisition of MEG Energy, founder Adam Waterous said.
Cenovus Energy Inc. (NYSE:CVE) said Thursday it will acquire MEG Energy Corp. (OTC:MEGEF) in a cash-and-stock deal valued at ...
Cenovus Energy said its proposed buyout of rival MEG Energy will unlock hundreds of millions of dollars in savings by ...
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 agreed to acquire MEG Energy in a cash and stock deal valued at C$7.9B (~US$5.7B) including debt, creating one ...
Purchase Price, payable 75% in cash and 25% in Cenovus shares, represents a 33% premium to MEG's unaffected 20-day ...
Following weeks of speculation, Cenovus Energy Inc. unveiled a $7.9-billion white knight bid for MEG Energy Corp. on Friday, ...
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 will acquire MEG Energy in a $5.7 billion cash-and-stock deal, consolidating oil sands assets and creating a 720,000 bpd producer.
Shares of Cenovus Energy rose by 4.1% to C$22.03 after it said it agreed to a C$7.9 billion deal to buy MEG Energy in a move that sets the stage for a larger pure-play producer focused on the Canadian ...
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 ...
Cenovus Energy is set to acquire MEG Energy in a CAN$7.9 billion deal, combining two SAGD oil sands producers aimed at ...