Cenovus to buy Husky Energy in $23.6 billion dealChristian Fernsby ▼ | October 26, 2020
Cenovus Energy will buy Husky Energy in an all stock transaction valued at $23.6 billion, the Calgary based companies said Sunday in a joint announcement.
Husky Energy Cenovus
Topics: Cenovus Husky
Cenovus CEO Alex Pourbaix will head the combined company, with Husky chief financial officer Jeff Hart taking on that role at the new entity.
“We will be a leaner, stronger and more integrated company, exceptionally well-suited to weather the current environment and be a strong Canadian energy leader in the years ahead,” Pourbaix said in the statement." ■