Ovintiv Agrees to Buy Logan Energy for About $890M Including Debt
Photo: TokenPost
Ovintiv Inc. agreed Monday to buy Logan Energy in a cash deal valued at about $890 million including debt, expanding the U.S. energy company’s position in Canada’s Montney formation. The agreed price is C$1.40 per share. The approximately $890 million valuation includes debt. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
