Cenovus Energy said on Friday it will acquire MEG Energy in a cash-and-stock deal worth C$7.9 billion ($5.68 billion), including debt, creating one of Canada’s largest oil sands producers. The ...

CALGARY, Alberta, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) is pleased to announce that its acquisition of MEG Energy Corp. (TSX: MEG) (MEG) was completed today.

Cenovus Energy on Friday announced it has entered into a definitive arrangement agreement to acquire MEG Energy Corp in a cash and stock deal valued at US$5.7 billion (C$7.9 billion), including ...

Cenovus Energy agreed to acquire MEG Energy in a CAN$7.9-billion deal. The combined assets will produce over 720,000 b/d, with total oil sands production projected to reach about 850,000 b/d by 2028.

・MEG Energy (TSX:MEG) shareholders approved Cenovus Energy’s (TSX:CVE) acquisition plan with 86.15 per cent support ・Offer increased to C$30.00 per MEG share under a second amending agreement, based ...

Cenovus Energy is raising its takeover bid for MEG Energy in the best and final offer to buy the company that has seen rival bids from Cenovus and Strathcona Resources in recent months. Cenovus ...

A Cenovus Energy Inc. executive downplayed the chance the oil sands producer would offer to buy MEG Energy Corp., saying the company is more focused on expanding existing assets than making ...

(Reuters) -Cenovus Energy raised its bid for MEG Energy on Wednesday to C$8.6 billion ($6.17 billion), including debt, intensifying a takeover battle for the Canadian oil producer with rival ...

Strathcona is an oil and gas producer with headquarters in Calgary The company in May offered to acquire those MEG shares it does not already own for 0.62 per share of Strathcona and C$4.10 in cash ...

Well, good morning, ladies and gentlemen. Welcome again to this special meeting of the shareholders of MEG Energy. My name is Jim McFarland, and I'm Chair of the Board of Directors of MEG Energy and ...

Cenovus Energy has increased its price for MEG Energy and said its shareholders will have the option to receive more in shares if they choose as it looks to ward off rival offers. The Calgary, Alberta ...

Selling by WEF and its investors to provide liquidity will put downward pressure on the share price MEG is a uniquely attractive investment opportunity that warrants a premium valuation MEG has ...