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Cenovus Energy Strikes C$5.7B Deal for Athabasca Oil, Eyes Major Oil Sands Growth
Source: marketbeat.com
M&A & RestructuringEnergy Markets & PricesCompany Fundamentals
Cenovus Energy agreed to acquire Athabasca Oil Corp. in a cash-and-stock transaction valued at approximately C$5.7 billion, or about C$12 per Athabasca share. The article provides no further terms or market reaction.
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