Canadian oil producer Strathcona to launch $5.93-billion hostile bid for MEG Energy

theglobeandmail.com/business/industry-news/energy-and-resources/article-canadian-oil-producer-strathcona-to-launch-593-billion-hostile-bid-for

Canadian oil and gas producer Strathcona SCR-T said late Thursday it plans to launch a $5.93-billion hostile takeover bid for rival MEG Energy MEG-T, aiming to create one of the country’s largest oil sands companies.
The all-cash-and-stock unsolicited offer would combine two of Canada’s…

This story appeared on theglobeandmail.com, 2025-05-16 11:12:36.
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