Ovintiv Faces Proposed Deal at C$1.40 per Share in Cash
A proposed deal for Ovintiv is valued at C$1.40 per share in cash.
Story updates
10:53:24 AM UTC
SquawkNews
Ovintiv entered into an arrangement agreement to acquire Logan Energy in an all-cash transaction, with Logan shareholders receiving C$1.40 per share, subject to closing conditions. Before the acquisition, Logan will transfer certain assets and distribute shares and warrants in Newco to its sharehol…