Singapore wealth fund boosts Spain’s Repsol, recovering from YPF nationalization

Tuesday, March 5th 2013 - 17:00 UTC

Full article 6 comments

Singapore wealth fund Temasak has bought a 5% stake in Spanish oil group Repsol for just over one billion Euros, raising its total stake in the company to 6.3%, Repsol said in a release. The operation involves the entire portfolio of Repsol treasury stock at 16.01 Euros per share for a total of 1.036 billion Euros (1.35bn dollars). Read full article

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ChrisR
Repsol are fortunate to have thus boost to the shares.

It is reported that they are considering another association with YPF.

A fool and his 'kudos' are soon parted.
Mar 05th, 2013 - 05:30 pm - Link - Report abuse 0
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olibeira
Repsol its broke like the rest of Spain.
Mar 05th, 2013 - 07:17 pm - Link - Report abuse 0
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Ayayay
Singapore, Australia, even the U.S. are doing pretty good.
Mar 05th, 2013 - 07:57 pm - Link - Report abuse 0
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ChrisR
2 olibeira

Well you should know, TMBOA robbed them of their money from YPF.

Bunch of crooks with the chief crook getting ready to depart before the mob hang her.
Mar 05th, 2013 - 08:22 pm - Link - Report abuse 0
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Captain Poppy
Olibeirass is sussie on her meds
Mar 05th, 2013 - 10:09 pm - Link - Report abuse 0
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ChrisR
5 Captain Poppy

Yes, I think you may be correct about that.
Mar 05th, 2013 - 11:17 pm - Link - Report abuse 0
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