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Suncor hopes to raise bid for Canadian Oil Sands -WSJ

2016-01-18 06:17:32| Oil & Gas - Topix.net

Jan 17 Suncor Energy Inc is working to raise its all-stock offer for rival Canadian Oil Sands Ltd and a deal could be announced as early as Monday, the Wall Street Journal said, citing a source familiar with the situation. The two Canadian companies have been working on a revised bid since Friday, the Wall Street Journal said on Sunday, citing the source, who said talks were still ongoing.

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