Cenovus to buy Husky for $3.8 billion to create Canada’s No.3 energy company

Cenovus to buy Husky for $3.8 billion to create Canada’s No.3 energy company

CALGARY — Cenovus Energy Inc. will become one of Canada’s largest refining companies after announcing a blockbuster oil patch deal Sunday to buy Husky Energy Inc. for $3.8 billion, plus assume Husky’s $5.2 billion in long-term debt, as consolidation continues in the country’s beleaguered oil and gas industry. Read More

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