Canadian Oil Sands Reviews Alternatives to Suncor's Hostile Bid

Updated on
  • `Full range' of possible buyers showing interest, CEO says
  • Acquisition would boost Suncor share of Syncrude to 49%

Canadian Oil Sands Ltd., the largest owner of the Syncrude venture in northern Alberta, said it’s considering alternatives to Suncor Energy Inc.’s C$4.3 billion ($3.3 billion) hostile takeover bid and has already had interest from possible suitors.

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