Strathcona Resources Terminates Takeover Bid for MEG Energy

wsj.com/business/strathcona-resources-terminates-takeover-bid-for-meg-energy-1159fad0

Strathcona Resources terminated its takeover bid for MEG Energy, days after rival Cenovus Energy upped its offer to buy out the Canadian oil-sands producer and changed the terms of their standstill agreement.

This story appeared on wsj.com, 2025-10-10 21:35:00.
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