The board of Spanish oil major Repsol gave its approval Monday to launch a full takeover offer for Canada's Talisman Energy, a source with knowledge of the matter said. The board of Talisman was currently meeting to review the bid, the source also said.
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, 9714960 shares of TLM exchange hands on a given day and today's volume is recorded at 38392756.
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, 3888420 shares of TLM.TO exchange hands on a given day and today's volume is recorded at 15099059.
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