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Cenovus Energy to Buy MEG Energy in $5.68 Billion Oil-Sands Tie-Up

Published 2 months ago • Aug 22, 2025 at 3:52 PM • Positive
Cenovus Energy to Buy MEG Energy in $5.68 Billion Oil-Sands Tie-Up
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CVE.TO Cenovus Energy... CXD.BE CENOVUS ENERGY ME7.BE MEG ENERGY
Cenovus Energy said its proposed buyout of rival MEG Energy will unlock hundreds of millions of dollars in savings by consolidating their neighboring oil-sands operations in Alberta.

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