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Strathcona seeks to buy an additional 5% stake in rival MEG Energy, opposes Cenovus bid
theglobeandmail.com/business/article-strathcona-raise-meg-energy-stake-opposes-cenovus-bid
Oil and gas producer Strathcona Resources SCR-T said on Thursday it intends to buy an additional 5 per cent stake in rival MEG Energy MEG-T and vote against the acquisition of MEG by another rival, Cenovus Energy CVE-T.
Cenovus agreed in August to acquire MEG in a $7.9-billion…
This story appeared on theglobeandmail.com, 2025-08-29 04:57:16.