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Suncor Energy offer for Canadian Oil Sands shares expires


Published Feb 24, 2016
Suncor Energy-2

Suncor reveals that its Offer for all of the common shares and accompanying rights of Canadian Oil Sands Limited has expired and that a total of approximately 84.2 per cent of COS shares equating to approximately 408,097,416 common shares and accompanying rights have been tendered to Suncor's Offer.

Since Suncor's initial take up of shares on Feb. 5, 2016, approximately 11.4 per cent of additional COS shares equating to approximately 55,195,265 common shares and accompanying rights have been tendered. Suncor will take up all additional shares that were validly tendered into the Offer and not withdrawn and those shares will be paid for in accordance with the terms of the Offer.

Tags: Suncor




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