October 7, 2026
Business

Cenovus CEO Says He’s ‘Closing the Door’ on Higher MEG Offer(Soban News)

Cenovus Energy Inc.’s top executive said the company doesn’t plan to increase its takeover offer for oil sands producer MEG Energy Corp., despite a higher rival bid from Strathcona Resources Ltd.

​Cenovus Energy Inc.’s top executive said the company doesn’t plan to increase its takeover offer for oil sands producer MEG Energy Corp., despite a higher rival bid from Strathcona Resources Ltd. by Soban News (international And National News)

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