Canada grows its shale’s footprint: Encana to acquire the North American Newfield in a strategic $5.5bn deal

Encana Corporation [ECA: NYSE] – Market Cap as of 13/11/2018 $7.74bn Newfield Exploration Company [NFX: NYSE] – Market Cap as of 13/11/2018 $4.04bn Introduction On the first of November, 2018, Encana Corporation announced a definitive agreement to purchase all outstanding shares of common stock of Newfield Exploration Company, an all-stock Read more…