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CORRECTED-Cenovus shares slump after C$17.7 billion ConocoPhillips deal
March 30, 2017 / 3:12 PM / 9 months ago

CORRECTED-Cenovus shares slump after C$17.7 billion ConocoPhillips deal

(Changes figure in headline to C$17.7 billion, from C$17.1 billion)

CALGARY, Alberta, March 30 (Reuters) - Cenovus Energy shares tumbled more than 11 percent on Thursday after the Canadian company agreed to buy oil sands and natural gas assets from ConocoPhillips for C$17.7 billion ($13.32 billion). Cenovus shares were last trading at C$15.44 on the Toronto Stock Exchange, down 11.5 percent on the day. ($1 = 1.3289 Canadian dollars) (Reporting by Nia Williams)

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