BVD Petroleum agrees to divestitures with Canada as part of Cenovus-Husky deal
( July 2, 2026, 14:02 GMT | Official Statement) -- MLex Summary: BVD Petroleum has agreed to sell its Petro-Canada gas station and Petro-Pass cardlock facility in a settlement with Canada’s Competition Bureau over its purchase of certain fueling assets from Cenovus Energy and Husky Canadian Petroleum Marketing Partnership. The bureau concluded that the transaction would likely reduce competition between a Petro-Canada and an Esso gas station.Statement follows in full. Also see attached file. ...
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.