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Merger & Acquisition News
Cenovus to buy Husky for $2.9B to create No.3 Canadian energy firm
Cenovus Energy Inc has agreed to buy rival Husky Energy Inc in an all-stock deal valued at $2.9 billion to create Canada’s No. 3 oil and gas producer as a pandemic-driven demand collapse and weak oil prices force the industry to consolidate. Read more
Oct 26, 2020
Pioneer Natural to buy Parsley for $4.5B in all-stock deal
Many shale companies have been mired in losses because of weak crude prices, hovering around $40 a barrel since June. Read more
Oct 21, 2020
ConocoPhillips to acquire Concho Resources for $9.7B
The deal is expected to close in the first quarter of 2021. Read more
Oct 19, 2020
