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Tuesday, December 16, 2014

Deals of the day- Mergers and acquisitions, (NYSE: ABB), (NYSE: TLM), (TSE: TLM.TO)

The following bids, mergers, acquisitions and disposals were reported by 1050 GMT on Tuesday: ** Spanish oil company Repsol said it had reached a deal to purchase Talisman Energy Inc, Canada's fifth-largest independent oil producer, for $13 billion.** Switzerland's ABB Ltd and Hitachi Ltd have set up a joint venture to sell high voltage systems in Japan, looking to benefit from reforms in the electricity industry after the Fukushima disaster.

ABB Ltd (ABB) is engaged in the electrical engineering industry. Shares of ABB fell by 1.06% or $-0.22/share to $20.50. In the past year, the shares have traded as low as $19.92 and as high as $27.25. On average, 1848230 shares of ABB exchange hands on a given day and today's volume is recorded at 2229427.

Talisman Energy Inc. (Talisman), is an oil and gas producers, through a combination of exploration, development and acquisitions. Shares of TLM traded higher by 19.35% or $0.83/share to $5.12. In the past year, the shares have traded as low as $3.46 and as high as $11.86. On average, 10238600 shares of TLM exchange hands on a given day and today's volume is recorded at 38892816.

Talisman Energy Inc. (Talisman), is an oil and gas producers, through a combination of exploration, development and acquisitions. Shares of TLM traded higher by 18.45% or $0.93/share to $5.97. In the past year, the shares have traded as low as $3.96 and as high as $13.13. On average, 4102690 shares of TLM.TO exchange hands on a given day and today's volume is recorded at 15099059.



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