News Formal

Strathcona buys rival to go public, create Canada's 5th biggest oil company

  • 📰 Reuters
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Canadian oil producer Strathcona Resources said on Tuesday it will go public by acquiring smaller rival Pipestone Energy Corp in an all-stock deal that will value the combined business at C$8.6 billion ($6.49 billion), creating the country's fifth largest oil producer.

Aug 1 - Canadian oil producer Strathcona Resources said on Tuesday it will go public by acquiring smaller rival Pipestone Energy Corp

in an all-stock deal that will value the combined business at C$8.6 billion , creating the country's fifth largest oil producer. Strathcona said the two companies will form a new corporation that will retain its name and be led by current Strathcona chief executive officer Rob Morgan. It did not say when the combined company will start trading.Pipestone shareholders will receive about 9.05% of the pro forma equity in the amalgamated company, with existing Strathcona shareholders owning the rest.Calgary, Alberta-based Strathcona was formed in 2020 by the merger of two Waterous Energy Fund-backed companies, Strath and Cona.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 2. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

U.S. stocks finish higher as S&P 500, Nasdaq climb for 5th straight monthU.S. stocks finished higher on Monday, while the S&P 500 and Nasdaq Composite capped off July by recording their fifth-straight month in the green — the...
ソース: MarketWatch - 🏆 3. / 97 続きを読む »