⁍ Canadian oil and gas company Cenovus Energy Inc announced plans to acquire rival Husky Energy Inc for $2.89 billion.
⁍ Stikeman Elliott and Skadden Arps Slate Meagher & Flom are representing Cenovus Energy.
⁍ Osler, Hoskin & Harcourt and Norton Rose Fulbright are serving as Husky Energy’s legal advisers.
– Canadian oil and gas company Cenovus Energy Inc announced plans to acquire rival Husky Energy Inc for $2.89 billion on Sunday, adding to a wave of energy deals driving consolidation in the industry and generating welcome billable hours for M&A lawyers. Stikeman Elliott and Skadden Arps Slate Meagher & Flom are representing Cenovus Energy in the all-stock deal, while Osler, Hoskin & Harcourt and Norton Rose Fulbright are serving as Husky Energy’s legal advisers, reports Westlaw Today.
Source: https://www.reuters.com/article/law-firm-quartet-guides-289-bln-canadian/law-firm-quartet-guides-289-bln-canadian-oil-deal-amid-energy-ma-wave-idUSL1N2HH2HC