01:55 PM EDT, 10/31/2025 (MT Newswires) -- Cenovus Energy ( CVE ) Chief Executive Officer Jonathan McKenzie said MEG Energy postponed a shareholder vote on his company's takeover bid because of a complaint by a former MEG employee, who holds about 4,000 shares, Bloomberg reported Friday.

McKenzie said he does not expect the regulatory inquiry related to the complaint to have an impact on the transaction, which is still anticipated to close in mid-November, according to the report.

MEG Energy on Thursday postponed the shareholder vote on the Cenovus deal for the third time and set another meeting for Nov. 6, Bloomberg said.

Cenovus Energy ( CVE ) and MEG Energy did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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