| Talisman Energy shareholders approve Repsol's $8.3 bln offer | |
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CALGARY, Alberta, Feb 18 (Reuters) - Talisman Energy Inc common shareholders on Wednesday voted to approve an $8.3 billion offer for the Canadian oil and gas producer from Repsol SA, clearing the way for the Spanish company to acquire Talisman's worldwide operations. Talisman shareholders voted 99.9 percent in favor of Repsol's Dec. 16 offer to pay $8 per share for the company, a 56 percent premium to the day-prior closing price for the company on the Toronto Stock Exchange. Repsol will also assume Talisman's $4.7 billion long-term debt. The acquisition, expected to close by midyear, still requires regulatory approval. (Reporting by Scott Haggett; Editing by Meredith Mazzilli)
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Talisman Energy Inc
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CODE : TLM.TO |
ISIN : CA87425E1034 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Talisman Energy is a and nickel producing company based in Canada. Talisman Energy holds various exploration projects in Australia, in Indonesia and in USA. Its main exploration properties are TRENTON-BLACK RIVER and WOOD FIELD in USA and TANGGUH LNG in Indonesia. Talisman Energy is listed in Canada and in Germany. Its market capitalisation is CA$ 10.0 billions as of today (US$ 8.3 billions, € 7.4 billions). Its stock quote reached its highest recent level on April 17, 2015 at CA$ 9.95, and its lowest recent point on May 08, 2015 at CA$ 9.67. Talisman Energy has 1 036 170 048 shares outstanding. |