Cenovus raises MEG offer, wins Strathcona support
PositiveWorld Affairs

Cenovus Energy Inc. is making headlines as it raises its offer for MEG Energy Corp., gaining crucial support from Strathcona Resources Ltd. This move is significant as it positions Cenovus to likely secure shareholder approval for the takeover, highlighting the competitive nature of the oilsands industry and the strategic maneuvers companies are willing to make to strengthen their market presence.
— Curated by the World Pulse Now AI Editorial System





