Pacific Rubiales Accepts $6.4B Bid From Mexico's Alfa and Private Equity-Backed Harbour Energy

NEW YORK ( TheDeal) -- Mexico's Alfa SAB de CV and private equity-backed Harbour Energy have agreed to buy Pacific Rubiales Energy, striking a deal that values the operator of Colombia's largest oil field at about $6.4 billion including debt. 

Toronto and Colombia-listed Pacific Rubiales said on Thursday, May 21, that its board had accepted the bidders' offer of C$6.50 ($5.32) per share for the 81.05% of the company not already owned by Alfa.

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