Strathcona to acquire Pipestone Energy

Alberta-based oil producer Strathcona Resources announced plans to acquire Pipestone Energy Corp in an all-stock deal that will create a combined company with a market capitalization of $11.5 billion. The deal is expected to close early in the fourth quarter of 2023.

Merger & Acquisition
Energy
$ 11,500,000,000
Closed
03 October 2023