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    SCR — Strathcona Resources News Story

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    Brief: Strathcona Resources Announces Intention To Commence Take-Over Bid To Acquire Meg Energy Corp.

    Picture of Strathcona Resources logoStrathcona Resources
    16/05/2025 04:58
    May 15 (Reuters) - MEG Energy Corp MEG.TO:

STRATHCONA RESOURCES LTD- UPON COMPLETION , STRATHCONA EXPECTS TO HAVE ABOUT 379 MILLION STRATHCONA SHARES OUTSTANDING AND ABOUT $1.5 BILLION IN NET DEBT (CORRECTS SOURCE)

STRATHCONA RESOURCES LTD. ANNOUNCES INTENTION TO COMMENCE TAKE-OVER BID TO ACQUIRE MEG ENERGY CORP.

STRATHCONA RESOURCES LTD - OFFER INCLUDES 0.62 STRATHCONA SHARE AND $4.10 CASH PER MEG SHARE

STRATHCONA RESOURCES LTD - OFFER VALUED AT $23.27 PER MEG SHARE WITH 9.3% PREMIUM

Source text: [ID:]

Further company coverage: [MEG.TO SCR.TO]

 ((Reuters.Briefs@thomsonreuters.com;))

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