OTCPK:TLSMF - Post by User
Comment by
bushhog1on Dec 03, 2014 10:05pm
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Post# 23193111
RE:RE:Last jan
RE:RE:Last janTalisman board turned down GDF Suez’s US$17B-bid: report
Sophie Sassard and Anjuli Davies, Reuters | January 20, 2014 | Last Updated:Jan 20 4:15 PM ET
https://business.financialpost.com/2014/01/20/talisman-board-turned-down-gdf-suezs-us17b-bid-report/?__lsa=9c3f-bab1
Acquiring Talisman in a US$17-billion deal including debt would have been a game-changer for GDF, propelling it into upstream operations and strengthening its presence in fast-growing parts of South America and Asia.
Yet the two sides struggled to agree on terms and GDF’s latest attempt with a written offer for part of Talisman in early December was rejected by the latter’s board. The two sides have not been in contact since, the sources said