ConocoPhillips reportedly has plans to sell its $2.6 billion equity stake in Cenovus Energy. The U.S. company is in discussions with investment banks about naming advisers for the sale and could offer its shares to institutional investors before the end of June, according to a Reuters story citing unnamed sources. The sources cautioned that the timing of the sale depends on market conditions.If the company cannot sell its share by early July, it will......
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