Stirring Canadian M&A activity
Mid-size Whitecap Resources succeeds with C$855M bid for assets accounting for 5% of Imperial production; analysts see more deals
For Petroleum News
A move by Whitecap Resources to solidify its place in the ranks of Canada’s mid-size oil and natural gas producers by acquiring Western Canadian properties from Imperial Oil has also helped break a dam of pent-up investor demand.
The C$855 million deal is the latest sign that Canadian-based companie....
[additional news subjects in this story]
Nudging C$7 billion
Whitecap will sell some assets
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