- Talisman Energy (NYSE:TLM) +13% AH following a Bloomberg report that Repsol (OTCQX:REPYY, OTCPK:REPYF) is exploring a bid for the company as it looks to deploy cash it received for compensation in the loss of its stake in YPF as a way to grow outside of its home Spanish market.
- Repsol is said to have identified TLM as a top target and is working with JPMorgan Chase as it evaluates the deal.
- Repsol has said it may spend as much as $10B on deals, and any acquisition probably would be in the U.S., Canada or other developed markets.
From other sites
at CNBC.com (Dec 22, 2014)
at CNBC.com (Dec 17, 2014)
at CNBC.com (Dec 16, 2014)
at CNBC.com (Nov 4, 2014)
at CNBC.com (Nov 3, 2014)
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