Cenovus acquisition of Athabasca Oil

Description Cenovus Energy has agreed to acquire Athabasca Oil in a cash-and-stock deal to expand its Canadian oil sands position. Overview Cenovus Energy agreed to buy Athabasca Oil in a transaction valued at about C$5.7 billion, or roughly $4 billion. Athabasca shareholders may receive C$12.00 in cash, 0.264 of a Cenovus common… Read more