https://www.reuters.com/markets/deals/c ... 023-08-01/
Aug 1 (Reuters) - Canadian oil producer Strathcona Resources on Tuesday said it will go public by acquiring smaller rival Pipestone Energy Corp (PIPE.TO) in an all-stock deal to create a combined business with a market capitalization of C$8.6 billion ($6.49 billion).
Strathcona said the combined company will retain its name and be led by its CEO Rob Morgan. It did not say when Strathcona plans to start trading in Toronto.
Strathcona to buy rival and go public, creating Canada's 5th-biggest oil company
Re: Strathcona to buy rival and go public, creating Canada's 5th-biggest oil company
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Re: Strathcona to buy rival and go public, creating Canada's 5th-biggest oil company
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