⁍ Cenovus Energy Inc will buy Husky Energy Inc in an all-stock transaction valued at $23.6 billion.
⁍ Husky shareholders will receive 0.7845 of a Cenovus share plus 0.0651 of a Cenovus share purchase warrant in exchange for each Husky common share.
– Canada’s Cenovus Energy is buying Husky Energy in an all-stock transaction valued at $23.6 billion, the companies said in a statement on Sunday. Husky shareholders will receive 0.7845 of a Cenovus share plus 0.0651 of a Cenovus share purchase warrant in exchange for each Husky common share, according to the statement.
Source: https://www.reuters.com/article/us-husky-energy-m-a-cenovus-energy/cenovus-energy-to-buy-husky-energy-in-an-all-stock-deal-valued-at-236-billion-idUSKBN27A0DS