NEWS ARCHIVE

Baytex ups bid for Aurora

CANADIAN company Baytex Energy has upped its offer to acquire Aurora Oil & Gas from $US4.10 ($A4.40) per share to $4.20, reportedly in a bid to win over key shareholders.

Baytex ups bid for Aurora

The increased bid has won over the likes of Harbour Advisors and Stirling Global Value Fund, which collectively own 17.4% of Aurora's shares. All of Aurora's directors have continued to recommend the...

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