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News 2026-10-05 10:08 UTC

Cenovus announces agreement to acquire Athabasca Oil Corporation

CALGARY, Alberta, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. TSX:CVE NYSE:CVE today announced that it has entered into a definitive arrangement agreement to acquire Athabasca Oil Corporation TSX:ATH (“Athabasca”) in a cash and stock transaction with an implied enterprise value of $5.7 bi…