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NUVISTA AND OVINTIV ANNOUNCE RECEIPT OF INVESTMENT CANADA ACT APPROVAL
NuVista Energy Ltd. (TSX: NVA) ("NuVista") and Ovintiv Inc. (NYSE: OVV) (TSX: OVV) ("Ovintiv") are pleased to announce that the Government of Canada has approved the previously announced proposed acquisition of NuVista by Ovintiv, through its wholly owned subsidiary Ovintiv Canada ULC (the "Transaction"), in accordance with the terms of the Investment Canada Act.
About this update from Ovintiv Inc. (de)
[{"type":"text","content":"CALGARY, AB, Jan. 28, 2026 /CNW/ - NuVista Energy Ltd. (TSX: NVA) ("NuVista") and Ovintiv Inc. (NYSE: OVV) (TSX: OVV) ("Ovintiv") are pleased to announce that the Government of Canada has approved the previously announced proposed acquisition of NuVista by Ovintiv, through its wholly owned subsidiary Ovintiv Canada ULC (the "Transaction"), in accordance with the terms of the Investment Canada Act.","length":430,"tagName":"p"},{"type":"image","alt":"NUVISTA AND OVINTIV ANNOUNCE RECEIPT OF INVESTMENT CANADA ACT APPROVAL (CNW Group/Ovintiv Inc.)","displaySize":"","headline":null,"caption":"NUVISTA AND OVINTIV ANNOUNCE RECEIPT OF INVESTMENT CANADA ACT APPROVAL (CNW Group/Ovintiv Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":155,"height":200,"url":"https://media.zenfs.com/en/cnwgroup.com/5d433e3f6d98e4e3e91123b25697c3d3"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/MKIChB1Qfvbdne8B2XAW9w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTI3MTtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/5d433e3f6d98e4e3e91123b25697c3d3","width":155,"height":200}},"href":"https://mma.prnewswire.com/media/2871752/Ovintiv_Inc__NUVISTA_AND_OVINTIV_ANNOUNCE_RECEIPT_OF_INVESTMENT.pdf?p=original","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The Transaction previously received clearance under the Competition Act (Canada) and the Court of King's Bench of Alberta has granted the Final Order in respect of the Transaction. The Transaction was approved by NuVista shareholders on January 23, 2026 and is expected to close on or about February 3, 2026, subject to the satisfaction or waiver of other customary closing conditions.","length":394,"tagName":"p"},{"type":"text","content":"FORWARD-LOOKING INFORMATION ","length":27,"tagName":"p"},{"type":"text","content":"Certain statements contained in this news release may constitute forward-looking statements within the meaning of applicable Canadian securities laws and applicable U.S. securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events or NuVista's or Ovintiv's future performance. All statements other than statements of historical fact may be forward-looking statements. The use of any of th...