Copper $ 5.7945 / lb -0.56%
Brent Crude Oil $ 68.45 / bbl -1.17%
Palladium $ 1261 / ozt -2.10%
Crude Oil $ 65.18 / bbl -1.47%
Natural Gas $ 3.121 / Btu 0.35%
Silver Futures $ 38.39 / ozt -2.29%
Aluminum Futures $ 2590 / ton 0.02%
Micro Gold Futures $ 3339.3 / ozt -2.64%
Micro Silver Futures $ 38.39 / ozt -2.24%
Platinum $ 1428.9 / ozt -1.33%
Gold Futures $ 3339.3 / ozt -0.97%
Go to MDC Markets

Canadian Oil Sands rejects Suncor bid; adopts poison pill

Michael Allan McCrae | October 07, 2015 | 5:37 pm Energy Suppliers & Equipment Canada 

Canadian Oil Sands calls Suncor's bid "opportunistic" and has adopted a poison pill defence. On Monday Suncor commenced an unsolicited offer for struggling Canadian Oil Sands (TSE:COS) for $4.3 billion. Canadian Oil Sands has been labouring under low oil prices...

Mining.com Recommends