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Canadian oil groups Whitecap and Veren announce $15bn merger

By Benjamin Chiou

Date: Monday 10 Mar 2025

(Sharecast News) - Canadian oil producers Whitecap Resources and Veren have announced plans to merge in a $15bn deal that they say will create a "world-class energy producer".
Under the terms of the deal, Veren shareholders will receive 1.05 common shares of Whitecap for each Veren share they own.

The...

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