French utility GDF Suez had takeover approaches for Canada-based Talisman Energy rebuffed late last year as it seeks acquisitions worth as much as $10 to $20 billion outside Europe, banking and industrial sources said. GDF's financial advisers have reviewed a number of sizeable acquisitions, including U.S.-based utility AES, according to two people with direct knowledge of the situation, as Chief Executive Gerard Mestrallet eyes a transformational deal before his retirement in 2016.GDF, Talisman and AES declined to comment.
Talisman Energy Inc. (Talisman) is an oil and gas producers, through a combination of exploration, development and acquisitions. Shares of TLM traded higher by 1.51% or $0.17/share to $11.45. In the past year, the shares have traded as low as $10.34 and as high as $13.38. On average, 4215320 shares of TLM exchange hands on a given day and today's volume is recorded at 3739808.
Talisman Energy Inc. (Talisman) is an oil and gas producers, through a combination of exploration, development and acquisitions. Shares of TLM traded higher by 1.27% or $0.16/share to $12.72. In the past year, the shares have traded as low as $10.68 and as high as $13.83. On average, 2029610 shares of TLM.TO exchange hands on a given day and today's volume is recorded at 511454.
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