Cenovus Energy gains as MEG shareholders vote in favour of buyout

Cenovus Energy Incorporation

06/11/2025 18:13

** Shares of Canadian oil and gas producer Cenovus Energy CVE.TO rise 1% to C$23.64

** MEG Energy MEG.TO shareholders vote in favour of buyout by CVE

** According to the results, 86% shareholders voted in favor of the transaction

** Shares of MEG Energy were up marginally at C$29.68

** Including session's move, CVE up 8.4% YTD; MEG up 25.7% YTD

 (Reporting by Pranav Mathur in Bengaluru)

 ((Pranav.Mathur@thomsonreuters.com;))