09:50 AM EST - Suncor Energy : announced that Centrica plc and Qatar Petroleum International have reached an agreement with Suncor to acquire a vast majority of its conventional natural gas and crude oil business in the Western Canadian Sedimentary Basin for $1 billion in cash. The transaction is subject to regulatory approval, including the Canadian Competition Act and the Investment Canada Act, and is expected to close in the third quarter of 2013. Suncor Energy
shares T.SU are trading down $0.82 at $28.00.
