MEG Energy Seeks Alternatives After Rejecting $4.4-Billion Bid From Strathcona ...Middle East

OILPRICE - Economy
MEG Energy Seeks Alternatives After Rejecting $4.4-Billion Bid From Strathcona
source : OILPRICE ( Middle East ) () 23
Canada’s Strathcona Resources supports MEG Energy in its process to explore potential mergers after MEG recommended that shareholders reject a $4.4 billion (C$6 billion) takeover offer from Strathcona. Last month, Strathcona, MEG’s second-largest shareholder with about 9%, made an offer to acquire MEG Energy for the equivalent of some $4.4 billion in cash and stock. A deal would have turned the combined company into the fourth-largest oil producer among companies using team-assisted gravity drainage recovery technology in the oil sands.…

Read More Details
Finally We wish PressBee provided you with enough information of ( MEG Energy Seeks Alternatives After Rejecting $4.4-Billion Bid From Strathcona )

Apple Storegoogle play

Also on site :

Most viewed in Economy
Mise en place d'une industrie florissante de réseaux tout optique F5.5G pour une nouvelle croissance à l'ère de l'IA
PR Newswire - before 7 hours & 36 minute
Business news live: FTSE opens higher but retail sales fell sharply in May
INDEPENDENT - before 6 hours & 19 minute
Bosses want you to know AI is coming for your job
Washington Post - before 2 hours & 14 minute
Das Gesundheitsministerium von Abu Dhabi und Abbot vereinbaren die Herstellung von Arzneimitteln vor Ort in Abu Dhabi
PR Newswire - before 5 hours & 32 minute
Mozambique Ready to Lift Force Majeure on LNG Plant
OILPRICE - before 5 hours & 27 minute
Starlink rival Eutelsat pops 14% as France backs capital raise
CNBC - before 5 hours & 13 minute
TECNO POVA 7 Series Launches: Boasting Refreshing Trendy Design, AI-Driven Gaming Power and Numerous Surprising Features
PR Newswire - before 7 hours & 35 minute
Oil Prices Climb for Third Straight Week
OILPRICE - before 7 hours & 14 minute
Nigeria: UK Reaffirms Duty-Free Access for 99 Percent of Nigerian Exports Under Trade Scheme
allafrica - before 3 hours & 10 minute
China Mobile and ZTE win the Asia Mobile Award 2025 with AI-driven 5G cloudified core network
PR Newswire - before 5 hours & 15 minute
Time Temperature Indicator Market to Reach $1.57 Billion by 2035, Growing at a CAGR of 6.2% from 2025--Exclusive Report by Meticulous Research®
PR Newswire - before 2 hours & 56 minute
Yiren Digital's Hexiang Insurance Brokers Launched Innovative Insurance Products for Low-Altitude Economy
PR Newswire - before 3 hours & 14 minute


Latest News

Weight-loss drugs are blowing up the U.S. trade deficit — and Trump is blaming Ireland

before minute

ThreatHunter.ai Eliminates MFA Attacks with MILBERT, the First Agentic AI Built to Kill Session Hijacks in Real Time

before 14 minute

Elevation Point Announces Strategic Minority Investment in Family Office Partners, a $2.5 Billion Breakaway Team

before 31 minute

MGI Tech erhält das CE-Zeichen für den DNBSEQ-T1+ Sequenzer

before 32 minute

Texas Oil Family to Benefit From Potential $8-Billion Mitsubishi Deal

before 47 minute

Mineral-rich Greenland says it doesn't want to become a great mining nation. Here's why

before 48 minute

The 10 states where Americans are most delinquent on debt

before 56 minute

Kingland Welcomes Financial Services Partner George Howe

before hour & 27 minute

China’s Shipments of Rare Earth Magnets Tumble Amid Export Control

before hour & 39 minute

CDO Cui Li van ZTE op MWC25 Shanghai: Digitale en intelligente evolutie, een nieuw tijdperk van AI-beschaving wordt ingeluid

before hour & 43 minute

Brother and sister guilty of £1m insider trading over Jet2 and Daimler shares

before 2 hours

Global Stablecoin Legislation Gains Momentum as Alchemy Chain Advances Toward Stablecoin-Centric Launch

before 2 hours & 2 minute

Bosses want you to know AI is coming for your job

before 2 hours & 14 minute

Africa: Africa Can Shape the Future of Tax - And It Must

before 2 hours & 34 minute

Everything you need to know about your credit score and how to improve it

before 2 hours & 37 minute