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Suncor Energy acquires nearly 73 per cent of Canadian Oil Sands shares

2016-02-06 08:10:06| Oil & Gas - Topix.net

Suncor Energy has announced that nearly 73 per cent of Canadian Oil Sands shares and accompanying rights have been tendered to Suncor's offer. Suncor officials said that as a result, the company will be able to ensure that a subsequent acquisition transaction will be completed and Suncor will acquire the remainder of the outstanding COS shares.

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