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For the second time, a shareholder vote on Cenovus Energy Inc.‘s takeover of MEG Energy Corp. has been postponed, as the oilsands major gears up for what could be a final push to bring the contested ...

Cenovus Energy Inc. said on Wednesday it had built up a 9.8% stake in MEG Energy over the past week, days before MEG shareholders are expected to vote on a Cenovus takeover offer that could put an end ...

Cenovus acquired 8.5 percent of MEG's common stock through open trading, even as its takeover offer for the pure-play oil sands producer progresses with Strathcona dropping a competing bid. Image by ...

Macy Wieland (9) of Washington celebrates scoring the winning run in the bottom of the 8th inning to defeat Hillsboro in the championship game of the Suburban Showdown in Washington on Saturday ...

Cenovus says no precedent to indicate MEG should be worth more than offer Cenovus aims to create large oil sands producer with MEG MEG board endorses the bid MEG shareholders to vote Oct 9 Jon ...

Public holding company Mega Matrix (MPU) has made the Ethena stablecoin ecosystem the centerpiece of its digital asset strategy, betting that the synthetic dollar project can capture market share from ...

Sept 8 (Reuters) - The bidding war for Canadian oil sands producer MEG Energy (MEG.TO), opens new tab heated up on Monday as Strathcona Resources (SCR.TO), opens new tab raised its offer, seeking to ...

Strathcona Resources has come back to MEG Energy with a new offer to buy the company at a higher price than the current offer by Cenovus Energy. The Alberta-based energy company on Monday said it is ...

Strathcona Resources Ltd. said it plans to oppose the acquisition of MEG Energy Corp. by Cenovus Energy Inc. with the purchase of a larger stake in the Canadian oil sands firm. Strathcona plans to ...

Cenovus Energy's acquisition of MEG Energy for CAD$7.9B will boost scale, reserves, and production, with immediate accretion to per-share metrics. The asset footprints are highly complementary, ...

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.