MEG vote on Cenovus acquisition hit with last-minute delay over 'regulatory inquiry'

MEG Vote on Cenovus Acquisition Delayed

A vote to approve Cenovus's acquisition of MEG Energy Corp. has been delayed due to a "regulatory inquiry".

The vote, scheduled for Thursday, will still go ahead, despite the last-minute delay. It is expected to bring to a close a months-long battle between Cenovus and rival Strathcona.

Shareholders were surprised by the postponement, which was announced at a special meeting in Calgary.

A regulatory inquiry has caused a delay in the vote.

The acquisition is valued at $8.6-billion.

Author's summary: Cenovus acquisition vote delayed.

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Financial Post Financial Post — 2025-10-30

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