CALGARY, AB, Oct. 10, 2025 /CNW/ - Strathcona Resources Ltd. ("Strathcona") today announced: (i) the termination of its take-over bid (the "Offer") for MEG Energy Corp. ("MEG"), (ii) a meeting of ...

Adam Waterous, Executive Chairman of Strathcona, said "Strathcona is delighted that the MEG board has accepted Strathcona's recommendation to initiate a strategic alternatives process for the business ...

MEG Energy Corp.'s Christina Lake oilsands facility near Fort McMurray, Alta. (Credit: Courtesy/MEG Energy Corp.) Strathcona, led by veteran oilpatch dealmaker Adam Waterous, has built a war chest of ...

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) ...

Strathcona's bid follows recent asset divestment and acquisition moves MEG's board to review offer, urges shareholders to wait Analysts expect competing offers for MEG The all-cash-and-stock offer, ...

Strathcona Resources Ltd. chairman Adam Waterous escalated the fight for MEG Energy Corp., on Monday, boosting his takeover offer for the oilsands producer and blasting its board for backing what he ...

(Reuters) -Strathcona Resources has agreed to buy private equity-backed Serafina Energy for C$2.3 billion ($1.8 billion), sources with direct knowledge of the matter said on Wednesday, the largest ...

As a result of the revised arrangement agreement between the MEG board of directors (the "MEG Board") and Cenovus Energy Inc. ("Cenovus"), Strathcona believes the conditions to its Offer, or any ...