Cenovus Energy announces agreement to acquire Athabasca Oil for C$12.00/share in cash and stock, implied EV C$5.7bn

Cenovus Energy has announced an agreement to acquire Athabasca Oil Corporation for C$12.00 per share in cash and stock, at an implied enterprise value of $5.7 billion. The deal, previously reported as unconfirmed, is now confirmed by Cenovus's own announcement.

Detected & updated continuously · Source: Nebula