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OILGENIEon Dec 15, 2020 11:46am
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Approved
Approved Husky Energy shareholders overwhelmingly approve sale to Cenovus
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Publishing date:
Dec 15, 2020 •
Last Updated 25 minutes ago •
< 1 minute read Article content
Husky Energy Inc said on Tuesday its shareholders approved the company’s merger with rival Cenovus Energy Inc to create Canada’s No. 3 oil and gas producer, as a pandemic-driven collapse in demand forces the industry to consolidate.
Husky said it got more than 99.9% of common shareholder votes in favor of the merger at a special meeting. (Reporting by Arunima Kumar in Bengaluru; Editing by Ramakrishnan M.)