Cenovus Energy in talks to acquire stake in MEG Energy, Bloomberg News reports
ReutersAug 12, 2025 4:39 PM
Aug 12 (Reuters) - Cenovus Energy CVE.TO is in talks with with Indigenous groups in Canada to jointly buy a stake in MEG Energy MEG.TO worth C$2 Billion ($1.45 billion), Bloomberg News reported on Tuesday, citing people familiar with the discussions.
Cenovus Energy did not immediately respond to Reuters request for a comment.
($1 = 1.3760 Canadian dollars)
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