Two sides of takeover battle digging inSuncor Energy, Canadian Oil Sands in bitter battle; Suncor accused of ‘exploitive offer’; COS labeled as ‘single asset’ operation GARY PARK For Petroleum News
Suncor Energy’s hostile bid to acquire the largest shareholder in Alberta’s Syncrude Canada oil sands operation is quickly evolving from a skirmish to a heavyweight slugfest.
Two weeks after Suncor’s initial offer of C$4.3 billion for Canadian Oil Sands, the two sides have opted for a no-holds-barr....
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Suncor retaliates
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