Cenovus Agrees C$5.7bn Enterprise Value Takeover of Athabasca Oil at C$12.00 a Share
Cenovus Energy has agreed to buy Athabasca Oil for C$12.00 a share, mostly in cash, in a deal valuing the oil sands producer at C$5.7bn including debt.
Cenovus Energy has agreed to buy Athabasca Oil for C$12.00 a share, mostly in cash, in a deal valuing the oil sands producer at C$5.7bn including debt.
Ryanair Holdings (NASDAQ: RYAAY), Europe’s largest budget airline, cut its full-year traffic guidance for the year to March 2027 from 216 million to 214 million passengers, saying it…
Kazera Global (LON: KZG), the AIM-listed mining investment company, saw its shares surge in early trade on Wednesday after South Africa’s mining regulator formally granted a mining right…
SHEIN Global Holdings Limited, the fast-fashion retailer, listed in Hong Kong yesterday after four years of failed attempts to go public in New York and London. Shares fell…
Novartis (SIX: NOVN), the Basel-headquartered pharmaceutical group behind Entresto, Cosentyx and Kisqali, has paused eight early- and mid-stage trials of its experimental CD19-directed CAR-T cell therapy for autoimmune…
mwb Research said Airbus’s (EPA:AIR) full-year delivery goal now hinges entirely on a record fourth quarter, but kept its Buy rating and 227 euro price target ahead of…
Shares of Bank of Nova Scotia (TSX/NYSE: BNS) rallied sharply on Tuesday, August 25, 2026, jumping as much as 5-7% intraday after the Toronto-based lender posted record fiscal…
UBS’s Chief Investment Office has struck an upbeat tone on global equities, arguing that investors should look beyond the US to capture a “broadening” stock market rally, with…
Bravura Solutions (LON: BVS), the Sydney-headquartered software provider for wealth management, life insurance and pensions administration, swung back to profit in its FY26 results and unveiled a bumper…
TCC Group Holdings Co., the Taiwanese conglomerate behind Taiwan Cement, is leaning toward London as the venue for a planned listing of its European business, according to people…
Airbus (AIR.PA) could turn a meaningful corner in its 2026 delivery trajectory, according to a new research note from mwb Research analyst Jens-Peter Rieck. The firm told investors…
A raft of Wall Street analysts raised their price targets on JD.com (NASDAQ: JD) following the Chinese e-commerce giant’s first-quarter results, which beat expectations on both the top…
Alibaba Group (NYSE: BABA) is set to report its fiscal fourth-quarter and full-year 2026 results before the market opens on May 13, and investors will be watching closely…
UBS said in a note this week that investors should diversify their equity exposure as markets reach new highs, arguing that the next leg of the stock rally…
Santander UK (LON: BNC) has officially completed its cash acquisition of TSB Banking Group, marking a pivotal moment in British banking consolidation. Despite securing all regulatory approvals and…
Infineon Technologies’ artificial intelligence power business is proving more durable than previously anticipated, but a sharp share price re-rating means much of the upside is already reflected in…
mwb Research reiterated its buy recommendation on TUI (ETR: TUI1) with a price target of 16.00 euros, implying upside of 112.6% from Friday’s closing price of 7.53 euros,…
TUI (ETR: TUI1) faces mounting operational and demand headwinds linked to Middle East tensions, but analysts at mwb Research remain bullish on the stock, arguing the risks are…
mwb Research has warned that Airbus (EPA: AIR) faces a high probability of cutting its 2026 delivery guidance when it reports first-quarter results on April 28, after the…
Delivery Hero’s (ETR: DHER) agreement to sell its Taiwan foodpanda business to Grab has reinforced the valuation case for the stock, according to mwb Research, which reiterated its…
Airbus had a challenging start to 2026, according to mwb Research, which warned in a note this week that rising operational pressures are increasing the likelihood of another…
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