News

Cenovus Energy is acquiring MEG Energy for C$27.25/share, unlocking value from Christina Lake assets with 75% cash, 25% ...
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 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 Inc. (NYSE:CVE) said Thursday it will acquire MEG Energy Corp. (OTC:MEGEF) in a cash-and-stock deal valued at ...
Purchase Price, payable 75% in cash and 25% in Cenovus shares, represents a 33% premium to MEG's unaffected 20-day ...
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 ...
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.
The Cenovus takeover unites two Calgary-based firms with significant operations in the oil-sands region of northeastern ...
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.
After rejecting a hostile takeover from Strathcona in June, MEG announced a friendly agreement with Cenovus on Friday ...
Cenovus Energy is set to acquire MEG Energy in a CAN$7.9 billion deal, combining two SAGD oil sands producers aimed at ...