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NASDAQ:CG 10 August 2025 - 11 February 2026

Cygnet’s $1.4 B Oil Patch Power Play – Kiwetinohk Shareholders Score Big Premium in Alberta Energy Deal

Cygnet’s $1.4 B Oil Patch Power Play – Kiwetinohk Shareholders Score Big Premium in Alberta Energy Deal

Cygnet Energy will acquire Calgary-based Kiwetinohk Energy in an all-cash deal valued at C$1.4 billion, including debt. Kiwetinohk shareholders will receive C$24.75 per share, about 10% above the last closing price. The combined company will produce over 44,000 barrels of oil equivalent per day. The transaction is expected to close by late December 2025, pending approvals.
28 October 2025
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Record Closing Highs, GPT-5 Unleashed, and a $500 Billion Surprise – Business News Roundup (Aug 9–10, 2025)

Record Closing Highs, GPT-5 Unleashed, and a $500 Billion Surprise – Business News Roundup (Aug 9–10, 2025)

The Nasdaq Composite closed at its 18th record high of 2025. OpenAI launched GPT-5 for 700 million users, targeting a $500 billion valuation. Federal Reserve Vice Chair Michelle Bowman signaled three rate cuts likely by year-end. Nexstar Media Group entered advanced talks to acquire Tegna, sending Tegna shares up 30%.
10 August 2025
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