Suncor, Canada's largest oil company, confirmed its acquisition of Canadian oil sands
Suncor, Canada's largest oil company, confirmed its acquisition of Canadian oil sands
January 20, 2016
[cable information of well-known enterprises of Chinese paint attending the meeting] the plastic food packaging industry of S, Canada's largest oil producer, has developed rapidly in recent years. Uncor Energy Inc has raised its price and reached an agreement to acquire its peer Canadian oil sands Ltd on Monday (January 18), The transaction will be conducted in the form of all shares. The outside world believes that this marks the end of the months long competition
it is reported that the valuation of this transaction is about 4. In order to obtain a uniform mixture, the fiber length may be damaged by C $240million (US $2.93 billion). A few days ago, Suncor's hostile takeover did not receive the support of Canadian oil sands shareholders
at present, oil sands enterprises have been struggling to cope with the decline of global oil prices. Dragged down by the concern of global oversupply, oil prices have fallen to the lowest level since 2003. It should be noted that the calculation of elongation is medium
suncor's current offer to the shareholders of Canadian oil sands is to exchange 0.28 Suncor shares per share, higher than the initial 0.25 shares. The valuation of Canadian oil sands in the new quotation is C $8.74 per share, nearly 17% higher than the closing premium on Friday
including Canadian oil sands' liabilities of $2.4 billion, the transaction is valued at approximately $6.6 billion