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Suncor Energy extends $3.2bn takeover offer for Canadian Oil Sands

2015-12-07 01:00:00| Hydrocarbons Technology

Suncor Energy has extended its C$4.3bn ($3.2bn) takeover offer for its Canadian Oil Sands (COS) until 8 January 2016.

Tags: offer energy oil canadian

 

Suncor extends, but doesn't sweeten, hostile takeover bid for Canadian Oil Sands

2015-12-04 02:46:58| Oil & Gas - Topix.net

Oilsands giant Suncor Energy has extended its hostile takeover bid for its smaller peer Canadian Oil Sands until Jan. 8, but it hasn't sweetened the offer. The all-stock bid - worth nearly $4.5-billion based on Thursday's closing share price - was to have expired Friday.

Tags: oil bid canadian extends

 
 

Ruling to come in Suncor Energy's hostile bid for Canadian Oil Sands

2015-11-30 12:01:16| Oil & Gas - Topix.net

The Alberta Securities Commission is set to rule today in the case of a hostile bid involving two of Canada's big oilsands players. Suncor Energy has asked the regulator to overturn a plan struck by Canadian Oil Sands that gives COS shareholders 120 days - or until early February - to consider Suncor's $4.5-billion all-stock takeover offer.

Tags: oil bid canadian ruling

 

Suncor and COS clash at Alberta Securities Commission for second day

2015-11-27 22:01:29| Oil & Gas - Topix.net

A lawyer for Suncor Energy says the Alberta Securities Commission should overturn an extended deadline for shareholders of Canadian Oil Sands to decide whether to accept its proposed takeover bid. In closing arguments on the second day of hearings, David Tupper told the regulator it should reject the COS plan to give its shareholders 120 days to consider Suncor's $4.5-billion all-stock takeover offer.

Tags: day second commission securities

 

8 Reasons Suncor Is A Better Investment Than Exxon

2015-11-23 21:31:53| Chemicals - Topix.net

Canada and the US are both very large oil-producing countries , with the US being ranked 1st and Canada 5th. Per capita, Canada's production is about 3 times the US's.

Tags: than reasons investment exxon

 

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