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Husky buying Renaissance

Article Abstract:

Calgary, Alb.-based Husky Oil Ltd., which is a privately-owned oil company, will acquire Calgary, Alb.-based Renaissance Energy Ltd. for $2.58 billion. Husky, which is controlled by Hong Kong tycoon Li Ka-shing, will become one of the largest oil and gas firms in Canada after the deal is completed.

Author: Chase, Steven, Jang, Brent
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000

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Renaissance still sinking after Husky bid

Article Abstract:

Calgary, Alb.-based Husky Oil Ltd. has made an acquisition bid for Calgary, Alb.-based Renaissance Energy Ltd., which reports a continued decline in its share value. Husky Oil, which is led by chief executive officer John Lau, is a privately-held company.

Author: Chase, Steven
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000

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Subjects list: Canada, Mergers, acquisitions and divestments, Petroleum industry, Natural gas, Petroleum, Gas industry, Renaissance Energy Ltd., Husky Oil Ltd.
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