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Frontera Energy Corp to acquire Pacific Midstream Limited

  • Region:

    Canada

  • Sector:

    Energy

  • Deal Size:

    $225 million

  • Buy Side Company:

    Frontera Energy Corporation
  • Sell Side Company:

    International Finance Corp
  • Target Company:

    Pacific Midstream Holding Corp.

Frontera Energy Corporation, a producer of crude oil and natural gas, has agreed to acquire a 36.36 percent ownership stake in Pacific Midstream Limited, PE Hub reported. The deal is priced at $225 million. The seller is International Finance Corp. Frontera is backed by Catalyst Capital Group.

Tags:

M&A,M&A deals,mergers and acquisitions