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Cenovus to buy Athabasca Oil in C$5.7 billion cash-and-stock deal
Source: reuters.com
M&A & RestructuringEnergy Markets & PricesCommodities & Raw Materials
Cenovus Energy agreed to acquire Canadian oil producer Athabasca Oil in a cash-and-stock transaction valuing it at an implied enterprise value of C$5.7 billion ($4.00 billion). The report gives no further deal terms or market reaction.
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