Investor cheers dead Rubiales deal

The activist shareholder that successfully fought against a takeover of Pacific Rubiales cheered the decision by would-be suitors Alfa and Harbour Energy to cancel the deal, even as shares in the Colombia-focused explorer plummeted on Thursday.

Stock down: Pacific Rubiales shares and bonds fall after deal terminated
Stock down: Pacific Rubiales shares and bonds fall after deal terminated
Published 9 July 2015, 17:44Updated 17 October 2016, 12:42
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