InvestorNewsBreaks – Ovintiv Inc. (NYSE: OVV) (TSX: OVV) to Acquire NuVista Energy (TSX: NVA) in C$3.8 Billion Transaction, Expanding Core Alberta Montney Footprint
This article has been disseminated on behalf of Ovintiv Inc. and may include paid advertising. Ovintiv (NYSE: OVV) (TSX: OVV) has entered into a definitive agreement to acquire all outstanding shares of NuVista Energy Ltd. (TSX: NVA) in a cash-and-stock transaction valued at approximately $2.7 billion (C$3.8 billion), including C$300 million in net debt and Ovintiv’s existing 9.6% NuVista ownership. The deal, priced at an…