OTCPK:TLSMF - Post by User
Comment by
Digitalsierraon Jan 20, 2015 10:38am
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Post# 23338933
RE:Madrid, Jan 20 ( Reuters)
RE:Madrid, Jan 20 ( Reuters)williammstanley wrote: Repsol plans to sell and leaseback its headquarters to help pay for the recent acquisition of Canada’s Talisman, Expansion reported without citing sources.
Strange,,I did not think they were in such bad shape that they need to sell their Headquarters to "help
pay" for this acquisition....Mind you, I did read that since the announcement and the collapse in Oil that their SP has been destroyed.
This is more baseless fear-mongering/gossip from the clueless
"Spanish oil group Repsol said on Monday its refining margins had jumped 41 percent in the fourth quarter from the third, while production rose 1.3 percent in the period.
Separately, Repsol has denied a report that it plans to put its headquarters up for sale as part of a sell-and-lease deal to pay for the Talisman acquisition."
https://www.reuters.com/article/2015/01/20/markets-spain-factors-idUSL6N0UY3UA20150120