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CVE - Cenovus Energy And Husky Energy Tie The Knot
Cenovus Energy Inc
The management teams of Cenovus Energy and Husky Energy announced a merger between the two companies this week.
The move is aimed at benefiting from significant synergies.
It's hard to value Husky right now, but even if just the synergies are captured, the transaction looks like a solid move for Cenovus and its shareholders.