Cenovus signs $7.9 billion cash-and-stock deal to buy MEG Energy

cbc.ca/news/canada/calgary/cenovus-signs-7-9-billion-cash-and-stock-deal-to-buy-meg-energy-1.7615475

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.

This story appeared on cbc.ca, 2025-08-22 13:37:17.
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