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Ontario Teachers' to acquire Cenovus oil and gas royalty business
2015-06-30 15:52:20| Energy - Topix.net
The Ontario Teachers' Pension Plan says it has an agreement with Cenovus Energy Inc. to acquire Cenovus's wholly-owned subsidiary, Heritage Royalty Limited Partnership, in a deal worth about $3.3 billion. The pension plan says the deal, led by Teachers' Natural Resources Group, is expected to close by the end of July once it receives the customary regulatory approvals.
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Category:Energy and Environment
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