Cenovus Acquires MEG Energy: A Canadian Oil Sands Shakeup
Markets & Money Today | 2 Min News - A podcast by The Daily News Now! - Domenica
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Cenovus Energy snaps up MEG Energy in a near $7 billion deal, creating a Canadian oil sands giant! After rejecting a previous hostile bid, MEG Energy found a better offer, giving shareholders cash or stock options. Will this merger shake up Canada's oil sector and boost profits amidst climate and economic pressures? Tune in for updates on this major energy play. Hosted on Acast. See acast.com/privacy for more information.
