Strathcona to Acquire Greenfire in Deal Valued at Up to C$2.9 Billion
Strathcona Resources said it would acquire Greenfire Resources in a deal valued at C$2.7 billion to C$2.9 billion, including debt. The oil producer said the acquisition would expand its presence in Alberta's oil sands region.
Canada's Strathcona Resources TSX:SCR said on Sunday it would acquire Greenfire Resources TSX:GFR in a deal valued at about C$2.7 billion ($1.91 billion) to C$2.9 billion, including debt, as the oil producer expands its presence in Alberta's oil sands region.Under the agreement, Greenfire sharehold…