Highlights;
- Aug. 30, 2025, 3:15 PM ET: A list of key deals across sectors was reported, including stocks such as Blackstone Inc. (BX), CVE Stock, KDP Stock, and others.
- Strathcona Resources (OTCPK:STHRF): Announced plans to purchase an additional 5% stake in MEG Energy (OTCPK:MEGEF), following a hostile bid for the company.
- MEG Energy (OTCPK:MEGEF): The target of Strathcona Resources’ hostile bid, with the potential deal aiming to increase Strathcona’s ownership stake to 13%.
- Other Stocks: Other notable mentions include OKTA Stock, GOOS Stock, and CRGY Stock, among others, as part of the broader market activity this week.
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Header Section
Date: Aug. 30, 2025 3:15 PM ET
Stocks Mentioned: Blackstone Inc. (BX), CVE, KDP, TPG, ABBV, OKTA, GOOS, VTLE, CRGY, VRNT, HWKN, MEGEF, STHRF, JDEPF
Author: Arundhati Sarkar, SA News Editor
Content
Image description: A stock photo depicting wooden blocks with “M” and “A” letters on financial documents, symbolizing mergers and acquisitions.
Here’s a summary of key deals reported across various sectors this week:
- Strathcona Resources (OTCPK: STHRF): The company announced late Thursday its plan to acquire an additional 5% stake in MEG Energy (OTCPK: MEGEF). This move follows its earlier hostile bid for the company.
This version maintains the essential information in a clear and concise manner.
