Cenovus to Buy MEG Energy in Nearly $7-Billion Deal

Cenovus to buy MEG Energy in nearly $7-billion deal

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

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.

Cenovus Energy to Acquire MEG Energy for C$6.93 Billion

Cenovus to Buy MEG Energy in $5 Billion Oil-Sands Deal

Cenovus Energy Inc. agreed to buy MEG Energy Corp. for C$6.93 billion ($5 billion), topping a rival offer from Strathcona Resources Ltd. in a bid to boost its posit…

Crescent Energy Nears Deal for Permian’s Vital Energy—Sources

A Crescent Energy acquisition of Vital Energy would include the assumption of $2.3 billion in long-term debt.

MEG agrees to $7.9B Cenovus takeover

Friendly deal seen as a "modest take-under" faces challenge from hostile bidder Strathcona The post MEG agrees to $7.9B Cenovus takeover appeared first on Investment Executive.