Ovintiv to buy NuVista Energy in $2.7B cash-and-stock deal (OVV:NYSE)

Ovintiv (OVV) said Tuesday it agreed to acquire NuVista Energy (OTCPK:NUVSF) in a cash and stock deal that values NuVista at ~US$2.7 billion (C$3.8 billion), including debt, strengthening its position in the core of Alberta’s oil-rich Montney basin.

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