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Suncor extends COS offer

Canadian giant Suncor Energy said it has given shareholders of Canadian Oil Sands more time to consider a C$4.3 billion (US$3 billion) hostile takeover bid that was due to expire on Friday after not winning the support needed to move forward.

More time: Suncor gives COS shareholders until 27 January to consider hostile bid
More time: Suncor gives COS shareholders until 27 January to consider hostile bid
Published 9 January 2016, 02:04Updated 18 October 2016, 05:11
Americas