for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
Company News

BUZZ-Husky Energy: Up on plans to sell non-core assets

** Shares of Canadian oil and gas producer up 2.4 pct at C$15.23

** Co considers sale of its non-core downstream assets

** Potential sale of assets include Canadian retail and commercial fuels business and its Prince George refinery

** Decision follows co’s plans to align its heavy oil and downstream businesses to form one integrated corridor - CEO Rob Peabody

** Co says the potential disposition is being undertaken independent of the outcome of Husky’s proposed acquisition of rival MEG Energy Corp

** JP Morgan cuts PT to C$19 from C$21 (Reporting by Arundhati Sarkar in Bengaluru)

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up