Royal Dutch Shell (RDS.A, RDS.B) reportedly is close to reaching a deal to purchase Repsol's...

|About: Royal Dutch Shell plc (RDS.A)|By:, SA News Editor

Royal Dutch Shell (RDS.A, RDS.B) reportedly is close to reaching a deal to purchase Repsol's liquefied natural gas assets in Peru and Trinidad and Tobago, in a deal that would bring at least €1.5B ($1.98B) in cash to the debt-laden Spanish firm. The deal, which would exclude Canadian assets originally included in the package Repsol put up for sale, could be announced as soon as today.