Suncor Remains Confident
Suncor had expected its C$4.3 billion offer to be rejected. This wouldn’t have been the first time either. The company had made an offer in April, which was unanimously rejected by Canadian Oil Sands on grounds of not being in the best interests of the company and its shareholders.
However, Suncor is positive that the value it had offered to the shareholders of Canadian Oil Sands would be taken well. The all-stock deal, when announced, offered a premium of about 43% to Canadian Oil Sands shareholders.
Zacks Rank
Currently, both Suncor Energy and Canadian Oil Sands Limited carry a Zacks Rank #3 (Hold).
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Suncor Energy est une société de production minière et de pétrole basée au Canada.
Suncor Energy détient divers projets d'exploration au Canada.
Son principal projet en exploration est SUNCOR OPERATIONS & BASE MINE au Canada.