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Who owns Husky?
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With the close of the transaction, Husky has become a wholly owned subsidiary of Cenovus and will remain as such until completion of a planned amalgamation among the two entities. Upon amalgamation, Cenovus will become the obligor under Husky’s existing long-term notes and other direct obligations.
Husky owns and operates the Lloydminster Heavy Oil Upgrader in Lloydminster, Saskatchewan, the Asphalt Refinery in Lloydminster, Alberta, and the Superior Refinery in Superior, Wisconsin. Husky also operates the Husky Lloydminster Ethanol Plant and the Minnedosa Ethanol Plant .
Oct 25, 2020 · Hong Kong tycoon Li Ka-shing-controlled Hutchison Whampoa would hold a 15.7% stake in the new company. Hutchison Whampoa is the biggest shareholder of Husky currently, with a...
Oct 25, 2020 · Cenovus Energy is to buy rival Canadian oil producer Husky Energy, controlled by Hong Kong billionaire Li Ka-shing, in a C$10.2bn ($7.8bn) deal as the wave of consolidation sweeping North...
- Arash Massoudi
Oct 25, 2020 · Husky’s largest shareholder, Hong Kong billionaire Li Ka-shing will continue to be a major shareholder in Cenovus. Li’s holding companies Hutchison Whampoa Europe Investments and L.F. Investments currently own roughly 70 per cent of Husky and will own 26 per cent of Cenovus when the deal closes next year.
- Geoffrey Morgan
Oct 26, 2020 · Cenovus and Husky Energy have struck a deal to combine their businesses in an all-stock transaction worth US$17.92 billion (C$23.6 billion). The size of the deal includes debt, Cenovus said in a...
Oct 25, 2020 · Husky is controlled by Hong Kong billionaire Li Ka-Shing through Hutchison Whampoa Europe Investments SARL, with 40.1 per cent, and L.F. Investments SARL, which holds 29.32 per cent of...