Browsing Tag
Canadian oil sands
3 posts
Cenovus Energy ramps up MEG share buying—but will the merger pass the shareholder test?
Cenovus Energy raises MEG Energy stake to 9.8% as shareholder vote nears. Find out how this move could reshape oil sands consolidation and capital returns.
October 15, 2025
Cenovus’s C$7.9bn MEG Energy deal faces uncertainty as Strathcona signals plans to boost its stake to 14.2%
Strathcona Resources boosts MEG Energy stake to block Cenovus’s C$7.9B takeover. Find out how the October 9 vote could reshape Canada’s oil sands.
August 29, 2025
Why Cenovus is paying C$7.9bn to snap up MEG Energy’s oil sands assets
Cenovus Energy will acquire MEG Energy in a CAD 7.9B oil sands deal, offering cash and shares with synergy upside. See why analysts back the merger.
August 22, 2025