Market Chatter: ISS Backs Cenovus Energy Bid for MEG Energy

MT Newswires Live

Sep 27

Cenovus Energy (CVE) received support for its bid to acquire MEG Energy (MEGEF) from investor adviser Institutional Shareholder Services, Bloomberg News reported Friday, citing the ISS report to clients.

While the offer is "neither compelling nor opportunistic," MEG shareholders should consider the broader industry context, including limited potential buyers, ISS said, according to Bloomberg.

The deal offers MEG holders "an opportunity to participate in the upside potential of the combined company, albeit only partially, and there appears to be downside risk of non-approval," ISS said, according to Bloomberg.

Shareholders are set to vote on the proposal on Oct. 9, and if approved, the deal is expected to close in Q4, Bloomberg reported.

Cenovus, MEG and ISS didn't immediately reply to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 17.80, Change: +0.10, Percent Change: +0.56

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2570839587"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2570839587\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2570839587?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-09-27 02:18","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2570839587","market":"fut","top_or_hot":-1,"title":"Market Chatter: ISS Backs Cenovus Energy Bid for MEG Energy","media":"MT Newswires Live","content":"<html><body><p> Cenovus Energy (CVE) received support for its bid to acquire MEG Energy (MEGEF) from investor adviser Institutional Shareholder Services, Bloomberg News reported Friday, citing the ISS report to clients.</p><p>While the offer is \"neither compelling nor opportunistic,\" MEG shareholders should consider the broader industry context, including limited potential buyers, ISS said, according to Bloomberg.</p><p>The deal offers MEG holders \"an opportunity to participate in the upside potential of the combined company, albeit only partially, and there appears to be downside risk of non-approval,\" ISS said, according to Bloomberg.</p><p>Shareholders are set to vote on the proposal on Oct. 9, and if approved, the deal is expected to close in Q4, Bloomberg reported.</p><p>Cenovus, MEG and ISS didn't immediately reply to requests for comment from MT Newswires.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price: 17.80, Change: +0.10, Percent Change: +0.56</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: ISS Backs Cenovus Energy Bid for MEG Energy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: ISS Backs Cenovus Energy Bid for MEG Energy\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-09-27 02:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Cenovus Energy (CVE) received support for its bid to acquire MEG Energy (MEGEF) from investor adviser Institutional Shareholder Services, Bloomberg News reported Friday, citing the ISS report to clients.</p><p>While the offer is \"neither compelling nor opportunistic,\" MEG shareholders should consider the broader industry context, including limited potential buyers, ISS said, according to Bloomberg.</p><p>The deal offers MEG holders \"an opportunity to participate in the upside potential of the combined company, albeit only partially, and there appears to be downside risk of non-approval,\" ISS said, according to Bloomberg.</p><p>Shareholders are set to vote on the proposal on Oct. 9, and if approved, the deal is expected to close in Q4, Bloomberg reported.</p><p>Cenovus, MEG and ISS didn't immediately reply to requests for comment from MT Newswires.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price: 17.80, Change: +0.10, Percent Change: +0.56</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE0031619046.USD","symbol_name":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) INC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2570839587","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2570839587","pubTimestamp":1758910704,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Cenovus Energy (CVE) received support for its bid to acquire MEG Energy (MEGEF) from investor adviser Institutional Shareholder Services, Bloomberg News reported Friday, citing the ISS report to clien","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE0031619046.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) INC","CVE":"Cenovus能源","IE00B66KJ199.SGD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY  \" A\" (SGD) ACC","IE00B19Z4B17.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) ACC","IE00B7SZL793.SGD":"Legg Mason Royce - US Small Cap Opportunity A Acc SGD-H","BK4120":"环境与设施服务","BK4566":"资本集团","BK4213":"石油与天然气的勘探与生产","MEGEF":"Meg Energy Corp.","BK4201":"综合性石油与天然气企业","LU2308191902.HKD":"BNP PARIBAS ECOSYSTEM RESTORATION \"CLASSIC\" (HKD) ACC","BK4588":"碎股","MEG":"Montrose Environmental Group","BK4585":"ETF&股票定投概念"},"translate_title":"市场热议：ISS支持Cenovus Energy收购MEG Energy","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CVE":1.5,"MEG":1.5,"MEGEF":1},"content_text":"Cenovus Energy (CVE) received support for its bid to acquire MEG Energy (MEGEF) from investor adviser Institutional Shareholder Services, Bloomberg News reported Friday, citing the ISS report to clients.While the offer is \"neither compelling nor opportunistic,\" MEG shareholders should consider the broader industry context, including limited potential buyers, ISS said, according to Bloomberg.The deal offers MEG holders \"an opportunity to participate in the upside potential of the combined company, albeit only partially, and there appears to be downside risk of non-approval,\" ISS said, according to Bloomberg.Shareholders are set to vote on the proposal on Oct. 9, and if approved, the deal is expected to close in Q4, Bloomberg reported.Cenovus, MEG and ISS didn't immediately reply to requests for comment from MT Newswires.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: 17.80, Change: +0.10, Percent Change: +0.56","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}