Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant
Oil & Gas 360ยบ
MARCH 10, 2025
The companies have entered into a definitive business combination agreement (the “Agreement”) to combine in an all-share transaction valued at approximately $15 billion , inclusive of net debt 1. Under the terms of the Agreement, Veren shareholders will receive 1.05 common shares of Whitecap for each Veren common share held.
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