In a deal that will mark BP’s move away from Canadian oil sands production, Cenovus said it would purchase their 50% stake in the Sunrise oil sands project in northern Alberta. The total value of deal includes $466 million in cash and a variable payment of the same...
JetBlue goes hostile to buy Spirit Airlines after rejection By Reuters | Rajesh Kumar Singh and David Shepardson | May 16, 2022 After their initial offer was rejected by Spirit Airlines, JetBlue has since launched a hostile all-cash takeover of the rival airline. Just...