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Stock impact report

Cenovus releases presentation on MEG transaction highlighting superior value for shareholders [Yahoo! Finance]

Cenovus Energy Inc (CVE) 
Last cenovus energy inc earnings: 4/29 06:00 am Check Earnings Report
US:NYSE Investor Relations: cenovus.com/disclaimerir
Company Research Source: Yahoo! Finance
CALGARY, Alberta, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today released a presentation outlining the compelling advantages of its transaction with MEG Energy. The transaction was unanimously approved and reaffirmed by MEG Energy's board of directors, and delivers full and fair value to MEG shareholders. In contrast, Strathcona Resources' offer is inferior, high risk and not in the best interests of MEG shareholders. Why Cenovus's transaction with MEG is the superior outcome: Offers an attractive price at a premium valuation with certainty of consideration value in the form of cash and Cenovus shares. Cenovus brings scale, industry-leading experience, tier-1 assets, leading near-term growth, diversified revenues, a stronger balance sheet with clearly defined and unique synergies, offering the opportunity to participate in the value upside of the integrated Christina Lake region. MEG shareholders have the opportunity to continue the journe Show less Read more
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