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Canadian Oil Sands rejects Suncor bid, adopts poison pill

2015-10-07 15:19:48| Oil & Gas - Topix.net

A pedestrian is reflected in a Suncor Energy sign in Calgary, in this file photo. A pedestrian is reflected in a Suncor Energy sign in Calgary, in this file photo.

Tags: oil bid canadian pill

 

Suncor Energy makes $3.2bn unsolicited offer to acquire Canadian Oil Sands

2015-10-06 01:00:00| Hydrocarbons Technology

Suncor Energy has made an unsolicited offer to acquire all of the outstanding shares of Canadian Oil Sands (COS) for about C$4.3bn ($3.2bn).

Tags: offer makes energy oil

 
 

Suncor launches $4.3 billion bid for Canadian Oil Sands

2015-10-05 14:16:54| Oil & Gas - Topix.net

The Calgary-based company says it's offering Suncor shares worth about $4.3 billion and would take on about $2.3 billion of debt owed by Canadian Oil Sands, making the total transaction worth $6.6 billion. Suncor says the offer would give shareholders of Canadian Oil Sands a stake in Canada's largest integrated energy company, which includes the Petro-Canada chain of fuel stations as well as its own oil and gas production and refining operations.

Tags: oil bid canadian billion

 

Has Suncor Energy Become Worth Your Investing Dollars?

2015-09-26 08:18:11| Oil & Gas - Topix.net

With the continued low oil prices, many have been speculating when the dominos of acquisitions would begin to fall. As more energy firms run low on cash and see their stock values plummet, the potential for a major series of mergers and acquisitions becomes all the more likely.

Tags: energy worth dollars investing

 

Total to sell interest in Albertas $11.3bn Fort Hills project to Suncor Energy

2015-09-22 01:00:00| Hydrocarbons Technology

Total E&P Canada has signed an agreement to sell a 10% interest in the C$15bn ($11.3bn) Fort Hills oil sand project in Alberta to Suncor Energy for C$310m ($230m).

Tags: total interest project sell

 

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