Two Blokes

Canadian oil producer Strathcona to initiate takeover bid for MEG Energy

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    Posted by Two Blokes May 16 - Filed in Stock - 2 views
    Canadian oil and gas producer Strathcona said on Friday that it will initiate a takeover bid for MEG Energy Resources in a deal that values the Canadian energy firm at C$5.93 billion ($4.25 billion), according to Reuters calculations.