NuVista and Ovintiv Announce Receipt of Investment Canada Act Approval

Core Viewpoint - The Government of Canada has approved the acquisition of NuVista Energy Ltd. by Ovintiv Inc., which is expected to close around February 3, 2026, following the approval from NuVista shareholders and clearance under the Competition Act [1][2]. Group 1: Transaction Approval - The acquisition has received clearance under the Competition Act (Canada) and the Final Order from the Court of King's Bench of Alberta [2]. - NuVista shareholders approved the transaction on January 23, 2026 [2]. - The expected closing date for the transaction is around February 3, 2026, pending customary closing conditions [2]. Group 2: Regulatory Compliance - The transaction complies with the terms of the Investment Canada Act [1]. - The approval from the Government of Canada is a significant step in the completion of the acquisition [1].