Investment firm asks Alberta Securities Commission to investigate MEG-Cenovus deal | Unpublished
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Source Feed: The Globe and Mail
Author: Lauren Krugel
Publication Date: October 15, 2025 - 15:27

Investment firm asks Alberta Securities Commission to investigate MEG-Cenovus deal

October 15, 2025

An investment firm is asking the Alberta Securities Commission to investigate Cenovus Energy Inc.’s CVE-T sweetened takeover offer for MEG Energy Corp. MEG-T, alleging it undermines what should be a fair contest.

Cole Smead, CEO and co-founder of Smead Capital Management, outlined the firm’s concerns in a letter to the commission posted on social media Wednesday.



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