Husky Energy Shareholders Approve Sale to Cenovus

Husky Energy Inc said on Tuesday its shareholders approved the company's merger with rival Cenovus Energy Inc to create Canada's No. 3 oil and gas producer,

(Reuters) - Husky Energy Inc said on Tuesday its shareholders approved the company's merger with rival Cenovus Energy Inc to create Canada's No. 3 oil and gas producer, as a pandemic-driven collapse in demand forces the industry to consolidate.

Husky said it got more than 99.9% of common shareholder votes in favour of the merger at a special meeting.