03 Nov 2025

00:57

  • Bitumen 60/70

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    1.6%

  • Bitumen 60/70

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    1.6%

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    1.7%

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    1.6%

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    1.6%

  • Bitumen AH70

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    1.6%

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    1.8%

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    1.8%

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    339$

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    Iran - Reconditioned Drum

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    Iran - Bulk

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    359$

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    5$

    Iran - Bulk

    -3.1%

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    Singapore - Bulk

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    382$

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    5$

    Singapore - Bulk

    -2.9%

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    -5.2%

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    72$

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    United Kingdom - Bulk

    0%

Cenovus Boosts MEG Energy Stake Ahead of Crucial Takeover Vote

codarx

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Update date: 2025/10/15

Cenovus Energy Inc. said on Wednesday it had built up a 9.8% stake in MEG Energy over the past week, days before MEG shareholders are expected to vote on a Cenovus takeover offer that could put an end to a two-month-long bidding war.    Cenovus Energy on Wednesday revealed it had bought an additional 3,276,460 common shares of MEG Energy through the facilities of the Toronto Stock Exchange or other Canadian alternative exchanges or markets.  Following the latest acquisition, Cenovus beneficially owned, directly or indirectly,…

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