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Cenovus to create Canada oil giant with $2.9bn Husky deal - News for the Oil and Gas Sector
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Cenovus Energy Inc. agreed to buy Husky Energy Inc. in a C$3.8 billion ($2.9 billion) all-stock deal that will combine two of the largest players in Canada's beleaguered oil-sands industry, which is struggling after the slump in crude prices.
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