Business
NuVista Energy Files Management Information Circular for Arrangement With Ovintiv
CALGARY, Alberta, Dec. 22, 2025 (GLOBE NEWSWIRE) -- NuVista Energy Ltd. (TSX: NVA) ("NuVista") is pleased to announce that it has filed its management information circular (the "Circular") and accompanying materials for the upcoming special meeting (the "Meeting") of the holders (the "Shareholders") of common shares of NuVista ("NuVista Shares") in connection with the previously announced plan of arrangement (the "Arrangement") involving NuVista, the Shareholders, Ovintiv Inc. ("Ovintiv") and a
About this update from Ovintiv Inc. (de)
[{"type":"image","alt":"NuVista Energy Ltd.","displaySize":"","headline":null,"caption":"NuVista Energy Ltd.","className":"","disableSlideshowImg":false,"size":{"original":{"width":186,"height":93,"url":"https://media.zenfs.com/en/globenewswire.com/37b53dea42bb2be0405e574d4591d1f1"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/1CYbmcahRD_VJl74UCkxZA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTM2MDtoPTE4MDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/37b53dea42bb2be0405e574d4591d1f1","width":186,"height":93}},"lazy":false},{"type":"text","content":"CALGARY, Alberta, Dec. 22, 2025 (GLOBE NEWSWIRE) -- NuVista Energy Ltd. (TSX: NVA) ("NuVista") is pleased to announce that it has filed its management information circular (the "Circular") and accompanying materials for the upcoming special meeting (the "Meeting") of the holders (the "Shareholders") of common shares of NuVista ("NuVista Shares") in connection with the previously announced plan of arrangement (the "Arrangement") involving NuVista, the Shareholders, Ovintiv Inc. ("Ovintiv") and a wholly-owned subsidiary of Ovintiv, Ovintiv Canada ULC ("Ovintiv Canada").","length":654,"tagName":"p"},{"type":"text","content":"Under the terms of the arrangement agreement dated November 4, 2025 (the "Arrangement Agreement") between NuVista, Ovintiv and Ovintiv Canada, Shareholders, other than Ovintiv and its affiliates, shall be entitled to elect to receive, in exchange for their NuVista Shares: (i) $18.00 in cash per NuVista Share (the "Cash Consideration"); (ii) 0.344 of a common share in the capital of Ovintiv (each whole share, an "Ovintiv Share") per NuVista Share (the "Share Consideration"); or (iii) a combination of Cash Consideration and Share Consideration for their NuVista Shares, subject to rounding and proration based on the maximum aggregate Cash Consideration and the maximum aggregate Share Consideration set forth in the Arrangement Agreement.","length":783,"tagName":"p"},{"type":"text","content":"STRATEGIC BENEFITS FOR SHAREHOLDERS","length":35,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Meaningful Premium and Attractive Value: The Cash Consideration of $18.00 per NuVista Share implies a 21% premium to the unaffected 20-day volume-weighted NuVista Share pr...