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flag Cenovus Energy completed its $25 billion acquisition of MEG Energy, merging two major Canadian oil firms.

flag Cenovus Energy Inc. has completed its acquisition of MEG Energy, combining two major Canadian oil companies to create a larger integrated energy player with expanded assets in Alberta's oil sands. flag The deal, valued at approximately $25 billion, marks a significant consolidation in Canada’s energy sector, enhancing Cenovus’s production capacity and long-term growth prospects.

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