Cenovus Sells Royalty Biz For $2.6B To Ontario Teachers' Plan

By Maya Rajamani (June 30, 2015, 12:28 PM EDT) -- Canadian oil giant Cenovus Energy Inc. on Tuesday said it would sell subsidiary Heritage Royalty Limited Partnership to the Ontario Teachers' Pension Plan for approximately CA$3.3 billion ($2.64 billion) after choosing to forgo an initial public offering for its royalties business....

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