Reuters | UPDATE 6-Suncor Energy launches $4.3 bln hostile bid for Canadian Oil Sands Reuters Bankers and investors said the bid is unlikely to launch a wave of consolidation in Canada's oil sands industry, which has some of the world's highest operating costs and lowest prices, as many companies are wary of doing deals while the outlook for ... Updated: Canadian Oil Sands stock leaps on blockbuster $6.6B hostile takeover bid Canadian Oil Sands shares soar after Suncor announces takeover bid Suncor goes hostile, shakes up industry with bid for Canadian Oil Sands Ltd. |