Waterous Energy Fund portfolio company Strathcona Resources has launched a bid to acquire MEG Energy Corp, a Canadian oil sands producer. Strathcona will offer to acquire all of the issued and ...

Strathcona entered into definitive deals to divest 'substantially all of its Montney assets' for about $2.04 billion, as it ...

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Strathcona's hostile bid for MEG Energy undervalues the company. We go over the mechanics behind the deal and tell you why ...

The executive chairman of Strathcona Resources Ltd. says his company aims to join two complementary oilsands players with its ...

Canadian oil and gas producer Strathcona plans to launch a C$5.93 billion ($4.25 billion) hostile takeover bid for rival MEG ...

Shares of Canadian oilsands producer MEG Energy (MEG.TO) gained as much as 34 per cent on Friday in response to a cash-and-stock takeover bid from rival oil and gas firm Strathcona Resources (SCR.TO) ...

Toronto stocks were mildly lower in midday trading Friday, largely due to outsized declines in materials stocks, as well as more minor losses in consumer services and distribution services stocks.

The offer includes 0.62 of a Strathcona share and C$4.10 ($2.93) in cash per MEG share, representing a 9.3% premium based on ...

Some MEG Energy Corp. shareholders say they’re unimpressed with a potential takeover offer from rival oil producer Strathcona Resources Ltd.

MEG, a pure-play thermal oil producer with a market cap of C$5.47 billion, is seen as a strategic target in a consolidating sector. The Strathcona offer gives its owners a 56.5% share of the combined ...

Strathcona Resources Ltd. is making a takeover stock-and-cash offer for MEG Energy Corp. that values the company at about ...