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Stock Market & Financial Investment News

News Breaks
February 26, 2013
07:18 EDTRDS.A, REPYY, RDS.BShell close to deal for several of Repsol's LNG assets, DJ reports
Repsol (REPYY) could announce the sale of several of its LNG assets to Shell (RDS.A) this week, including assets located in Peru, Trinidad and Tobago and Spain, Dow Jones reports, citing Expansion. The deal could be worth EUR1.5B-EUR1.7B. Repsol's regasification plant in Canada would be excluded from the sale. Reference Link
News For B;REPYY From The Last 14 Days
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March 18, 2015
12:15 EDTREPYYTalisman Energy to cut 150-200 employees, WSJ reports
Talisman Energy (TLM) will cut its workforce by 150-200 employees, or about 10%-15%, in response to lower oil prices, The Wall Street Journal reports, citing a company spokesperson. In addition, Talisman, which is in the process of being acquired by Repsol (REPYY), is cutting its 2015 capital program to $2.1B, a 30% reduction from 2014 spending and lower than its prior 2015 forecast of $2.7B. The job cuts are mainly at Talisman's head office in Calgary and are not related to the Repsol takeover. Reference Link

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