SYDNEY Feb 7 Shares in Australia's Aurora Oil &
Gas Ltd jumped by more than half on Friday after the
company agreed to a takeover by Canada's Baytex Energy Corp
worth $2.4 billion, including debt.
Baytex will pay A$4.10 for each share of the Perth,
Australia-based oil producer, a 52 percent premium to its
average price in the past week, valuing the company at A$1.84
billion ($1.65 billion).
Shares in Aurora hit a high of A$4.09 and last traded up 55
percent at A$4.06.
(Reporting by Lincoln Feast; Editing by Paul Tait)