Strathcona Resources Announces Intention To Commence Take-Over Bid To Acquire Meg Energy Corp.
ReutersMay 16, 2025 3:59 AM
May 15 (Reuters) - MEG Energy Corp MEG.TO:
STRATHCONA RESOURCES LTD- UPON COMPLETION , STRATHCONA EXPECTS TO HAVE ABOUT 379 MILLION STRATHCONA SHARES OUTSTANDING AND ABOUT $1.5 BILLION IN NET DEBT (CORRECTS SOURCE)
STRATHCONA RESOURCES LTD. ANNOUNCES INTENTION TO COMMENCE TAKE-OVER BID TO ACQUIRE MEG ENERGY CORP.
STRATHCONA RESOURCES LTD - OFFER INCLUDES 0.62 STRATHCONA SHARE AND $4.10 CASH PER MEG SHARE
STRATHCONA RESOURCES LTD - OFFER VALUED AT $23.27 PER MEG SHARE WITH 9.3% PREMIUM
Source text: [ID:]
Further company coverage: [MEG.TO SCR.TO]
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