Athabasca Oil Stock News
C$12.31
0.33%
Toronto, Oct 08, 04:00 pm EDT.
Closed.
Athabasca Oil Stock News
Cenovus Energy Inc (TSX:CVE), the Canadian oil producer, said Monday it would buy Athabasca Oil (TSX:ATH) in a C$5.7 billion (approx. $4 billion) cash-and-stock deal, expanding its Alberta oil sands operations.
Cenovus Energy said on Monday it would acquire Athabasca Oil in a cash-and-stock transaction valuing the Canadian oil producer at an implied enterprise value of C$5.7 billion ($4.00 billion).
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.
