Strathcona Resources abandons takeover pursuit of MEG Energy

Admin Admin
Oct 11, 2025 - 04:15
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Strathcona Resources abandons takeover pursuit of MEG Energy
Corporate logo on wall outside entrance to MEG Energy building in downtown Calgary.

Strathcona Resources Ltd. has ended its hostile takeover pursuit of MEG Energy Corp., clearing the way for a rival friendly bid from Cenovus Energy Inc.