Brief: Logan Energy Announces Agreement To Be Acquired By Ovintiv For $1.40 Per Share In Cash And The Spin-Out Of Logan Oil
26/10/2026 10:55
BRIEF-Logan Energy Announces Agreement To Be Acquired By Ovintiv For $1.40 Per Share In Cash And The Spin-Out Of Logan Oil Oct 26 (Reuters) - Logan Energy Corp LGN.V:
LOGAN ENERGY CORP. ANNOUNCES AGREEMENT TO BE ACQUIRED BY OVINTIV INC., FOR $1.40 PER SHARE IN CASH AND THE SPIN-OUT OF LOGAN OIL CORP., A NEW GROWTH-ORIENTED OIL COMPANY
LOGAN ENERGY CORP - DEAL VALUES LOGAN AT ABOUT $1.26 BILLION INCLUDING ASSUMPTION OF NET DEBT
LOGAN ENERGY CORP - SHAREHOLDERS TO RECEIVE $1.4 CASH AND 0.0817 LOGAN OIL SHARE PER LOGAN SHARE
LOGAN ENERGY CORP: ALL FIGURES ARE IN CANADIAN DOLLARS
Source text: ID:nCNWcGMZQa
Further company coverage: LGN.V