Member access

4-Traders Homepage  >  Shares  >  Mercato Continuo Espanol  >  Repsol SA    REP   ES0173516115

REPSOL SA (REP)

123
Real-time Quote. Real-time Tradegate - 10/24 04:29:43 am
17.445 EUR   -0.54%
3d ago REPSOL : and the Spanish Red Cross sign a framework agreement to help the m..
10/16DJOil Rebounds After Slipping to Fresh Lows
10/16DJOil Drops Further as Markets Struggle to Find Support
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll news 

Spain's La Caixa Plans Repsol-Gas Natural Merger -Report

04/26/2012 | 08:33pm US/Eastern

Spanish savings bank La Caixa, the largest shareholder of Spanish oil company Repsol YPF SA (REP.MC, REPYY) and of Gas Natural SDG SA (>> Gas Natural SDG SA), is planning a merger between the two companies to prevent either one from becoming a takeover target, following the nationalization of Repsol's Argentine unit YPF SA (YPFD.BA, YPF), reports Cinco Dias in its Friday Internet edition.

La Caixa, which holds a 12.8% stake in Repsol and a 35%.3% in Gas Natural, is pondering either a tie-up of the two firms or even the sale of Repsol's 30% stake in Gas Natural to protect its unit from hostile bids, the paper adds, citing unidentified sources.

If Repsol were to sell its stake in Gas Natural it could then use the proceedings to buy a medium size oil company, such as GalpEnergia (>> GALP ENERGIA-NOM), to partly offset what it lost with the nationalization of YPF.

Newspaper website: www.cincodias.com

-By Enza Tedesco, Dow Jones Newswires; enza.tedesco@dowjones.com

Stocks mentioned in the article : Gas Natural SDG SA, GALP ENERGIA-NOM
Latest news on REPSOL SA
3d ago REPSOL : and the Spanish Red Cross sign a framework agreement to help the most v..
10/16DJOil Rebounds After Slipping to Fresh Lows
10/16DJOil Drops Further as Markets Struggle to Find Support
10/15 REPSOL : publishes a trading statement for 3Q2014
10/13 REPSOL : presents its innovative products at the 1st Repsol Agro seminar
10/13 REPSOL : SK start production at the Cartagena base oil plant
09/30 REPSOL : Framework agreement between Repsol and the Paideia Galiza Foundation fo..
09/29 REPSOL : Inch Cape Offshore Limited Lights Up Wind Farm with ZephIR Lidar, Suppo..
09/25 REPSOL : is recognised for guaranteeing the safety of its employees abroad
09/04DJStatoil Acquires Share in Offshore Colombia Licences
Advertisement
Chart
Duration : Period :
Repsol SA Technical Analysis Chart | REP | ES0173516115 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF