Take physic, pomp

Reuters: Pacific Rubiales (PRE.to) bought out at CAD$6/share

Spanish language version of the story here.
Basially, according to an insider who didn’t want to be named because the news isn’t official yet, Harbour Energy and Alfa have gone 50/50 and bought out PRE.to, price tag CAD$6/share.
If true that would also explain the rocketing price action of the last couple of days.

UPDATE: OK, here’s the EngLang version:

Reuters) – Mexican conglomerate Alfa Sab de CV (ALFAA.MX) and Harbour Energy Ltd have agreed to acquire Canadian oil and gas company Pacific Rubiales Energy Corp (PRE.TO) for C$6 billion, including debt, a person familiar with the matter said on Tuesday.Pacific Rubiales is the largest independent oil and gas producer in Latin America. Its shares have plummeted more than 80 percent since oil prices began to slide last summer. Alfa, which already owns a 20 percent stake in the company, decided now was the time to pounce.
Alfa and Harbour have agreed to pay around C$6 ($5) per share for Pacific Rubiales and will each own half of the company, the person said, asking not to be identified because the deal is not yet public. Continues here

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