Pengrowth/WEF -- summary under Canadian Buyco
Overview
Pengrowth owes over $0.7B to secured debtholders. A private purchaser (the “Purchaser”) has agreed, under an Alberta Plan of Arrangement, to pay off the secured debt and to acquire all the Pengrowth common shares for $0.05 per share ($28 million in aggregate).
Pengrowth/WEF -- summary under Litigation trust distribution
Overview
Pengrowth owes over $0.7B to secured debtholders. A private purchaser (the “Purchaser”) has agreed, under an Alberta Plan of Arrangement, to pay off the secured debt and to acquire all the Pengrowth common shares for $0.05 per share ($28 million in aggregate).
Encana/Ovintiv -- summary under Outbound continuances
Overview
It is proposed that Encana effectively be converted from a CBCA public corporation to a Delaware public corporation. This would occur in three stages (collectively, the “Reorganization”).
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