Cenovus Energy and Husky Energy merger means job losses and higher downtown vacancy
Calgary-based Cenovus Energy Inc. will buy Husky Energy Inc. in an all-stock transaction valued at $23.6 billion. Oil and gas mergers typically add sublease space to the market, and Cenovus confirmed that because of the “inevitable overlaps and redundancies in mergers of this type …they have identified $600 million in operating and […]