IndustrialConnect360

Cenovus Energy to acquire Athabasca Oil in $4bn deal

Canada-based oil sands producer Cenovus Energy has reached a definitive agreement to acquire Athabasca Oil in a cash and stock transaction worth C$5.7bn ($4bn).

Source: Offshore Technology, 2026-10-06. Third-party report, linked to its original publisher; IC360 has not independently verified it.

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