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Monday, December 8, 2014

Talisman says Repsol, others approach for deal, (NYSE: TLM), (TSE: TLM.TO)

Canadian oil producer Talisman Energy Inc said it has been approached by a number of parties, including Spain's Repsol SA, for various transactions.Talisman said there is no assurance that any transaction will be agreed and that it does not intend to make any further comment on the matter now.Bloomberg reported on Monday that Repsol and Talisman have revived talks and are in the process of discussing options that could include sale of a selection of assets or the entire company. (bloom.bg/1A8Yfkn)Talisman, which has a market capitalization of nearly C$11 billion ($10.2 billion), was approached by Repsol in July about potential deals.

Talisman Energy Inc. (Talisman), is an oil and gas producers, through a combination of exploration, development and acquisitions. Shares of TLM fell by 5.08% or $-0.2/share to $3.74. In the past year, the shares have traded as low as $3.46 and as high as $11.90. On average, 8369000 shares of TLM exchange hands on a given day and today's volume is recorded at 17497626.

Talisman Energy Inc. (Talisman), is an oil and gas producers, through a combination of exploration, development and acquisitions. Shares of TLM fell by 4.23% or $-0.19/share to $4.30. In the past year, the shares have traded as low as $3.96 and as high as $13.13. On average, 3368120 shares of TLM.TO exchange hands on a given day and today's volume is recorded at 6314002.



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