Cenovus to Acquire Athabasca Oil for $12 per Share
The agreed $5.7 billion cash-and-share deal was announced Oct. 5, 2026, and is subject to approvals.
Athabasca Oil Corporation agreed to be acquired by Cenovus for $12.00 per share in a $5.7B cash-and-share deal announced Oct. 5, 2026, subject to approvals.Material DetailsContext by AI AnalystThis is late-stage confirmation of a strategic consolidation, with ATH highlighting growth execution while…