Suncor Energy to acquire additional 5 pct stake in Syncrude

Wed Apr 27, 2016 8:05pm EDT
 
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April 27 (Reuters) - Canadian oil and gas producer Suncor Energy Inc said on Wednesday it has agreed to acquire an additional 5 percent stake in Syncrude for about C$937 million.

The stake will be sold by Murphy Oil Corp's Canadian unit. (Reporting by Subrat Patnaik in Bengaluru; Editing by Richard Chang)