 MEG Energy’s board of directors has adjourned a shareholders’ meeting to vote on a buyout by Cenovus Energy to November 6, its chairman said on Thursday.
MEG Energy’s board of directors has adjourned a shareholders’ meeting to vote on a buyout by Cenovus Energy to November 6, its chairman said on Thursday.
The adjournment, which has Cenovus’ consent, will allow time to disclose information on a previously announced asset transfer between Strathcona and Cenovus, board chair James McFarland said in a broadcast on Thursday evening.
(Reporting by Chris Thomas in Mexico City; Editing by Rashmi Aich)