China's Sinopec (SHI +1%) is reportedly in talks to buy Repsol's (REPYY.PK stake in YPF (YPF...

|About: Sinopec Shanghai Petrochemi... (SHI)|By:, SA News Editor

China's Sinopec (SHI +1%) is reportedly in talks to buy Repsol's (REPYY.PK stake in YPF (YPF +0.1%) for $15B. Repsol's chairman Antonio Brufau confirmed that certain companies have shown interest, but declined to comment on whether Sinopec was one of the interested suitors.