U.S. MarketsOctober 5 at 06:04 AM

Cenovus (CVE) acquires Athabasca (ATH) for USD 12/shr in cash and shares, for an enterprise value of USD 5.8bln

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A 2026-10-05 breaking-news headline reports Cenovus acquiring Athabasca for USD 12 per share in cash and shares, with USD 5.8 billion enterprise value; further details are unavailable.

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CVECenovus Energy Inc.$31.78Current price

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Cenovus (CVE) acquires Athabasca (ATH) for USD 12/shr in cash and shares, for an enterprise value of USD 5.8bln

What do investors think?

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Cenovus (CVE) acquires Athabasca (ATH) for USD 12/shr in cash and shares, for an enterprise value of USD 5.8bln

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What do investors think?

Today's market highlights

Spanish PM Sanchez is to announce an institution declaration at 9am local time (08:00BST/03:00EDT)

Saudi Arabia's East-West oil pipeline pumping reportedly halted after a new attack, AFP reports citing sources; "There was big damage and the pipeline stopped again"

Saudi Arabia's East-West pipeline is flowing as normal, Bloomberg reports citing sources