Baytex To Pay $1.6B For Australian Energy Co.
Under the agreement, Baytex will acquire all of Aurora's shares for about $3.67 cash per share. Calgary, Alberta-based Baytex will also assume $672 million of Aurora's debt, giving the transaction a total value of more than $2.3 billion, according to Baytex.
"The acquisition is an excellent fit with our existing business model...
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