Canada's Strathcona to buy Greenfire in up to $2 billion deal

​Canada's ​Strathcona ‌Resources said on ​Sunday it ‌would acquire Greenfire Resources in a deal ‌valued at about ‌C$2.7 billion ($1.91 billion) to C$2.9 billion, ⁠including ​debt. Greenfire ⁠shareholders can elect ⁠to receive either ​0.25 Strathcona shares or ⁠C$11 in cash ⁠for ​each Greenfire share under the ⁠agreement, the company ⁠said.

($1 = ⁠1.4128 Canadian dollars)