Finance

Suncor stumps up $4.5 billion for TotalEnergies’ oil sands assets

French supermajor ditches spin-off and IPO after unsolicited offer from Canadian giant

Oil sands deal: Suncor Energy chief executive Rich Kruger.
Oil sands deal: Suncor Energy chief executive Rich Kruger.Photo: SUNCOR ENERGY
London
Published 27 April 2023, 09:10Updated 27 April 2023, 09:45
TotalEnergiesSuncor EnergyCanadaFort HillsSurmont