Strathcona is an oil and gas producer with headquarters in Calgary The company in May offered to acquire those MEG shares it does not already own for 0.62 per share of Strathcona and C$4.10 in cash ...

MEG Energy's board has once again recommended its shareholders reject a new bid from Strathcona Resources, which last week increased its offer as it looks to outbid rival Cenovus Energy. The Canadian ...

Sept 8 (Reuters) - The bidding war for Canadian oil sands producer MEG Energy (MEG.TO), opens new tab heated up on Monday as Strathcona Resources (SCR.TO), opens new tab raised its offer, seeking to ...

MEG Energy's (OTCPK:MEGEF) board on Monday urged its shareholders to reject the nearly C$6B (~US$4.25B) hostile takeover offer from Strathcona Resources (OTCPK:STHRF), calling the bid inadequate and ...

Strathcona holds 14.2% stake in MEG, opposes Cenovus deal Cenovus CEO McKenzie has said no plan to increase MEG offer MEG shareholders to vote on Cenovus deal Oct. 9 "The revised Strathcona offer ...

・Strathcona Resources (TSX:SCR) criticized MEG Energy’s (TSX:MEG) Board for endorsing the Cenovus (TSX:CVE) deal over its amended takeover bid, calling its offer “clearly superior” with a higher ...

CALGARY, AB, Sept. 11, 2025 /PRNewswire/ - Strathcona Resources Ltd. (SCR:CA) ("Strathcona") today announced the filing and mailing of its Notice of Variation, Change and Extension in connection with ...

Strathcona Resources Ltd. said Thursday it filed an amended offer to acquire all of the outstanding shares of MEG Energy Corp. for 0.80 Strathcona shares per MEG share, in its latest move to win the ...

(RTTNews) - Strathcona Resources Ltd. (SCR.TO), a Canadian oil and gas producer, said on Friday that it has commenced its offer to acquire shares of MEG Energy Corp. (MEG.TO) for 0.62 of share of ...

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 ...

Strathcona will offer to acquire all of the issued and outstanding common shares not already owned by it of MEG for 0.62 per share of Strathcona and C$4.10 in cash per MEG share The offer represents ...

Strathcona has made an offer to acquire sector player MEG Energy for the equivalent of some $4.25 billion in cash and stock, per Reuters calculations. The offer represents a 9.3% premium to MEG Energy ...