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Husky Energy Inc (HSE.TO)

HSE.TO on Toronto Stock Exchange

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19 Feb 2019
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Wed, Jan 23 2019

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Despite 60 percent support, Canada's Husky scrapped MEG oil merger

TORONTO/WINNIPEG, Manitoba When the final numbers were tallied late last Wednesday for Husky Energy's hostile bid for rival Canadian oil producer MEG Energy, Husky's top executives learned they had the support of nearly 60 percent of MEG shareholders, people familiar with the situation told Reuters.

DEALTALK-Despite 60 pct support, Canada's Husky scrapped MEG oil merger

TORONTO/WINNIPEG, Manitoba, Jan 23 When the final numbers were tallied late last Wednesday for Husky Energy's hostile bid for rival Canadian oil producer MEG Energy, Husky's top executives learned they had the support of nearly 60 percent of MEG shareholders, people familiar with the situation told Reuters.

MEG Energy cuts capital expenses to C$275 mln in 2019

Canadian oil sands producer MEG Energy Corp said on Tuesday it would halve its capital spending to a maximum of C$275 million ($206.33 million) this year amid a global supply glut.

Exclusive: Canadian oil firm MEG says Husky balked at friendly takeover talks

WINNIPEG, Manitoba Canadian oil producer MEG Energy Corp's CEO invited his Husky Energy Inc counterpart this month to negotiate a friendly takeover of MEG, but Husky did not follow up, MEG's vice president of investor relations John Rogers said on Friday.

Husky scraps bid for oil rival MEG Energy, citing Alberta output cuts

Canadian oil producer Husky Energy shocked investors on Thursday when it abandoned its hostile bid for MEG Energy , saying it could not win sufficient MEG shareholder support after Alberta's government ordered production cuts to reduce a crude glut.

UPDATE 4-Husky scraps bid for oil rival MEG Energy, citing Alberta output cuts

Jan 17 Canadian oil producer Husky Energy shocked investors on Thursday when it abandoned its hostile bid for MEG Energy, saying it could not win sufficient MEG shareholder support after Alberta's government ordered production cuts to reduce a crude glut.

Deals of the day-Mergers and acquisitions

Jan 16 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Wednesday:

Husky Energy to receive majority support in MEG takeover bid -sources

Jan 16 Husky Energy Inc expects to secure over 50 percent support from MEG Energy shareholders for Husky's unsolicited offer to take over the rival oil producer by Wednesday's deadline, people familiar with the situation told Reuters.

Canada's Husky Energy considering sale of non-core downstream assets

Canadian oil and gas producer Husky Energy Inc said on Tuesday it will conduct a strategic review and is considering a sale of its non-core downstream assets.

UPDATE 1-Canada's Husky Energy considering sale of non-core downstream assets

Jan 8 Canadian oil and gas producer Husky Energy Inc said on Tuesday it will conduct a strategic review and is considering a sale of its non-core downstream assets.

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