MEG Energy Receives Final Court Approval for Cenovus Deal
MEG Energy Corp. has received final court approval for its transaction with Cenovus Energy Inc., which was approved by shareholders on November 6, 2025. The deal is set to close on November 13, 2025. Preliminary results indicate that shareholders opting for cash will receive the full amount, with consideration options based on limits outlined in the arrangement agreement.
MEG Energy Corp. has received final court approval for its transaction involving Cenovus Energy Inc. The deal, approved by MEG shareholders at a special meeting on November 6, 2025, is expected to close on November 13, 2025. MEG has also released preliminary results regarding shareholder elections for the form of consideration in the transaction. Shareholders who elected to receive cash for all their MEG shares will receive the full amount in cash. The consideration options and pro-rationing were determined based on maximum aggregate cash and Cenovus share limits set out in the arrangement agreement. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MEG Energy Corp. published the original content used to generate this news brief on November 12, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
