Strathcona Sweetens MEG Offer in Effort to Outbid Cenovus

Strathcona sweetens MEG offer in effort to outbid Cenovus

Strathcona Resources announced on September 8 that it was amending its takeover offer for MEG Energy.

Cenovus CEO says he’s ‘closing the door’ on higher MEG offer

Cenovus Energy Inc.’s top executive said the company doesn’t plan to increase its takeover offer for oil sands producer MEG Energy Corp., despite a higher rival bid from Strathcona Resources Ltd.

Cenovus CEO doesn’t plan to raise his bid for MEG Energy, dismisses rival offer from Strathcona as ‘not credible’

Cenovus chief Jon McKenzie says he is confident his friendly $7-billion deal for MEG will win

Cenovus CEO Says He’s ‘Closing the Door’ on Higher MEG Offer

Cenovus Energy Inc.’s top executive said the company doesn’t plan to increase its takeover offer for oil sands producer MEG Energy Corp., despite a higher rival bid from Strathcona Resources Ltd.

Cenovus ‘Closing the Door’ on Higher Bid For MEG Energy, Bloomberg News Reports - Energy News, Top Headlines, Commentaries, Features & Events

(Reuters) – Cenovus Energy does not plan to increase its takeover offer for oil sands producer MEG Energy, despite a higher bid from Strathcona Resources, CEO Jon McKenzie told Bloomberg News in an interview on Wednesday. Reporting by Sumit Saha in Bengaluru; Editing by Krishna Chandra Eluri

Cenovus ‘closing the door’ on higher bid for MEG Energy, Bloomberg News reports

Cenovus Energy does not plan to increase its takeover offer for oil sands producer MEG Energy, despite a higher bid from Strathcona Resources, CEO Jon McKenzie told Bloomberg News in an interview on Wednesday. (Reporting by Sumit Saha in Bengaluru; Editing by Krishna Chandra Eluri)