Cenovus’ deal for Husky implies a transaction equity value for Husky of about $3.8 billion and a transaction enterprise value of about $10.2 billion, according to the statement.Article content continued
The combined company is expected to generate annual synergies of $1.2 billion and will operate as Cenovus Energy Inc with headquarters in Alberta, Canada, the statement said.
I thought husky had already been bought out by esso.
More job losses and office space coming to market. Only thing energy companies can do is merge to survive and scale.
More office space empty.
HFS.
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 !!
What about Husky staff? Are all of the remaining being absorbed? Oil
Fine by me but never get bail out.