Parex launches hostile bid and intervenes in GeoPark's purchase of Frontera Energy assets
Parex Resources announces hostile offer to acquire Frontera Energy. Photo: Courtesy: Parex
TL;DR
- Parex Resources has launched a hostile takeover offer for Frontera Energy.
- This offer aims to acquire Frontera Energy.
- Parex's bid may interfere with GeoPark's plan to acquire Frontera's assets.