Cenovus 'closing the door' on higher bid for MEG Energy, Bloomberg News reports
10/09/2025 15:20
Sept 10 (Reuters) - Cenovus Energy CVE.TO does not plan to increase its takeover offer for oil sands producer MEG Energy MEG.TO, despite a higher bid from Strathcona Resources SCR.TO, CEO Jon McKenzie told Bloomberg News in an interview on Wednesday. (Reporting by Sumit Saha in Bengaluru; Editing by Krishna Chandra Eluri) ((Sumit.Saha@thomsonreuters.com;))
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