January 18, 2016

Suncor changes strategy to acquire Canadian Oil Sands with $6.6bn friendly deal

After months of hostile rhetoric, the two Calgary-based companies have reached a takeover agreement.

January 11, 2016

Canadian Oil Sands claims victory over Suncor’s hostile takeover attempt

The company is asking Suncor to disclose details of how shareholders reacted to its bid before last week’s deadline had to be extended until Jan. 27.

January 10, 2016

What value does Suncor see in Canadian Oil Sands?

Canadian Oil Sands is a weak company that has consistently missed many quarterly targets and is focused on one of the least attractive areas of the oil patch at current…

January 5, 2016

Suncor not ruling out sweetening offer for Canadian Oil Sands

The takeover bid expires on Friday.

December 15, 2015

Suncor presses Canadian Oil Sands shareholders for a takeover offer nod

“Hope is still not a strategy,” Suncor wrote in a letter to Canadian Oil Sands’ shareholders, stressing there was “little time” left.

December 2, 2015

Secret deal on Alberta’s oil sands emissions limits divides patch

A hard cap on oilsands emissions was the product of secret negotiations between four top oilsands companies and four environmental organizations.

December 2, 2015

Canadian Oil Sands to stay in the black even if crude prices keep falling

The company, currently the target of a $4.3 billion takeover bid by Suncor, unveiled a pared-back capital budget that cuts spending by 20% year-over-year to $295 million in 2016.

November 30, 2015

Canadian Oil Sands granted one more month to fend off Suncor’s hostile bid

The poison pill provision must expire by Monday, Jan. 4, 2016.

November 18, 2015

Suncor cuts oil sands output for 2016

Canada's dominant oil sands player, however, plans to spend about $900 million more next year.

November 12, 2015

Canadian Oil Sands accuses Suncor of paying brokers to win takeover bid

Suncor, Canada's dominant oil sands player, telling COS shareholders the firm has a record of “underperformance, financial challenges,” and vulnerability to low oil prices.