The board of Spanish oil major Repsol will hold an extraordinary meeting on Monday afternoon to approve a takeover bid for Canada's Talisman Energy , daily Expansion said on its website. A source with knowledge of the situation had told Reuters on Friday that Repsol was finalising an offer for the Calgary-based company, Canada's fifth-largest independent petroleum producer.
Talisman Energy Inc. (Talisman), is an oil and gas producers, through a combination of exploration, development and acquisitions. Shares of TLM remained unchanged at $4.29. In the past year, the shares have traded as low as $3.46 and as high as $11.86. On average, 9714960 shares of TLM exchange hands on a given day and today's volume is recorded at 8550.
Talisman Energy Inc. (Talisman), is an oil and gas producers, through a combination of exploration, development and acquisitions. Shares of TLM traded higher by 18.31% or $0.78/share to $5.04. In the past year, the shares have traded as low as $3.96 and as high as $13.13. On average, 3888420 shares of TLM.TO exchange hands on a given day and today's volume is recorded at 22938676.
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