Canada's Cenovus hires bankers to explore sale/IPO of some assets

April 23, 2015 8:11 PM

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April 23 (Reuters) - Cenovus Energy Inc, Canada's second-largest independent oil producer, has hired bankers to explore a sale or initial public offering of its royalty lands in Western Canada, a company spokesman told Reuters.

Cenovus has hired Toronto-Dominion Bank to advise on the process, spokesman Brett Harris said.

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