Suncor CEO Has No Plans to Boost Canadian Oil Sands Bid

  • Williams sees indications that most shareholders support bid
  • Suncor Energy's C$4.3 billion offer expires on Jan. 8

Suncor CEO: Ready to Walk Away From Canadian Oil Sands

Suncor Energy Inc. Chief Executive Officer Steve Williams said he has no plans to sweeten the offer for Canadian Oil Sands Ltd. and that a majority of shareholders support the bid.

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