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Pacific Rubiales Said to Get Takeover Offer From Alfa

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Pacific Rubiales Energy Corp., which operates Colombia’s largest oil field, has received a takeover approach from its biggest shareholder, people with knowledge of the matter said.

Alfa SAB and Harbour Energy Ltd. have made an all-cash offer that values Pacific Rubiales at about C$6 a share, the people said, asking not to be identified discussing private information. The bid values Pacific Rubiales at about $6 billion including debt.