Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Cenovus delays MEG takeover vote to Oct. 30 after 63% support falls short of two-thirds majority needed.
Cenovus Energy has delayed the shareholder vote on its $8.6 billion takeover of MEG Energy to October 30, after preliminary results showed about 63% support—below the two-thirds majority needed.
The deal, which offers cash or Cenovus shares, has board backing but faces opposition from Strathcona Resources, which owns 14% of MEG and previously made a hostile bid.
Cenovus says this is its best and final offer, urging shareholders to vote in favor before the new October 29 proxy deadline.
7 Articles
Cenovus retrasa la votación de adquisición de MEG hasta el 30 de octubre después de que el apoyo del 63% no alcanza la mayoría de dos tercios necesaria.