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Share Name | Share Symbol | Market | Type |
---|---|---|---|
MEG Energy Corp | TSX:MEG | Toronto | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.03 | -0.10% | 30.77 | 30.70 | 30.82 | 31.05 | 30.42 | 30.86 | 2,237,138 | 21:12:22 |
Devon Energy Corp. (DVN) is near a deal to sell its 50% stake in the Access Pipeline in Canada to Calgary-based Wolf Infrastructure Inc., Bloomberg News reported Tuesday.
The potential sale could value Devon's stake at up to 1.5 billion Canadian dollars ($1.15 billion), Bloomberg reported, citing people familiar with the matter.
Devon's partner in the Access Pipeline, MEG Energy Corp. (MEG.T, MEGEF), previously said it was exploring options for its 50% interest.
Full story at http://www.bloomberg.com/news/articles/2016-07-12/cppib-backed-wolf-said-near-deal-for-devon-s-canadian-pipeline
Write to nymonitoring@dowjones.com
(END) Dow Jones Newswires
July 12, 2016 15:07 ET (19:07 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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