Canadian companies have been under stress for six years, dating back to the last downturn, due to congested pipelines and the flight by foreign oil companies and investors due to Canada’s high production costs and emissions.Article content continued
“The diverse portfolio will enable us to deliver stable cash flow through price cycles…,” Alex Pourbaix, Cenovus President and Chief Executive Officer said. Cenovus said the deal would create Canada’s third-largest producer based on total company output behind Canadian Natural Resources Ltd and Suncor Energy Ltd.
Cenovus CEO Pourbaix will serve as chief executive of the merged company with Jeff Hart, currently Husky’s finance chief, becoming chief financial officer.
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Cenovus to buy Husky Energy in all-stock deal worth $23.6 billionThe combined company will be the third largest Canadian oil and natural gas producer Fine by me but never get bail out. What about Husky staff? Are all of the remaining being absorbed? Oil CENOVUS ENERGY IS MAJOR CHINA INVESTMENT HUSKY HAS SEPRATE INVESTERS AMONGST ALSO HAS CHINA TIES . THIS ROUTE OF SO CALLED BUY OUT GIVES CHINA MORE POWER OVER CANADIAN SUNCOR AND SHUT DOWN ALL OIL SANDS PROJECTS !!! BE SCARD OF YOUR SHADOW !!
Source: nationalpost - 🏆 10. / 80 Read more »
Cenovus to buy Husky Energy in $23.6B deal, company to stay in AlbertaCenovus Energy Inc. will buy Husky Energy Inc. in an all-stock transaction valued at $23.6 billion, the Calgary-based companies said Sunday in a joint announcement. Is Cenovus merging with a company that is 70% owned by a Chinese company? In an “all stock” deal what portion of Cenovus will be in the hands of Chinese investors? What about the South China Sea property ? And oil companies suffering? What total bullshit. Why is sleazy weasel handing them billions of dollars?
Source: CTVNews - 🏆 1. / 99 Read more »
Cenovus to buy Husky Energy in $23.6B deal, company to stay in AlbertaCenovus Energy Inc. will buy Husky Energy Inc. in an all-stock transaction valued at $23.6 billion, the Calgary-based companies said Sunday in a joint announcement. Is Cenovus merging with a company that is 70% owned by a Chinese company? In an “all stock” deal what portion of Cenovus will be in the hands of Chinese investors? What about the South China Sea property ? And oil companies suffering? What total bullshit. Why is sleazy weasel handing them billions of dollars?
Source: CTVNews - 🏆 1. / 99 Read more »
Cenovus to buy Husky Energy in all-stock deal worth $23.6 billionThe combined company will be the third largest Canadian oil and natural gas producer Fine by me but never get bail out. What about Husky staff? Are all of the remaining being absorbed? Oil CENOVUS ENERGY IS MAJOR CHINA INVESTMENT HUSKY HAS SEPRATE INVESTERS AMONGST ALSO HAS CHINA TIES . THIS ROUTE OF SO CALLED BUY OUT GIVES CHINA MORE POWER OVER CANADIAN SUNCOR AND SHUT DOWN ALL OIL SANDS PROJECTS !!! BE SCARD OF YOUR SHADOW !!
Source: nationalpost - 🏆 10. / 80 Read more »
Canadian publishers call on Ottawa to force Big Tech to pay for newsA landmark News Media Canada report says companies such as Google and Facebook \u0027extract unfair terms from news publishers without offering fair compensation\u0027 What bs, they post their own news on social media like this article right now! Talk about wanting it both ways you leaches! You have no sense of irony to speak of.
Source: nationalpost - 🏆 10. / 80 Read more »
Trudeau announces $214M for potential made-in-Canada COVID-19 vaccinesPrime Minister Justin Trudeau says Canada is spending $214 million to produce potential COVID-19 vaccines in Canada. Subcontracted out to China!! Made in Canada, by China run Companies. BE MORE CLEAR CTV I cannot bring myself to trust him or anything he is trying to push. JustinTrudeau
Source: CTVNews - 🏆 1. / 99 Read more »