Scandoil  

Suncor Energy acquires 72.9% of Canadian Oil Sands shares


Published Feb 8, 2016
Suncor Energy-2

Suncor says that approximately 72.9 per cent of Canadian Oil Sands shares (COS) equating to 353,307,264 common shares and accompanying rights have been tendered to Suncor's Offer.

Suncor will take up all tendered shares and those shares will be paid for in accordance with the terms of the Offer, initially made October 5, 2015 and most recently amended January 22, 2016. All shares tendered were held by "Independent Shareholders" as such term is defined by the COS shareholder rights plan dated December 31, 2010 as amended April 30, 2013 (the "COS Rights Plan").

Tags: Canadian Oil Sands Limited, Suncor Energy




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml