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Shell CEO: Here's Why We're Acquiring BG Group
Wednesday, April 8, 2015 - 1:59pm | 358Royal Dutch Shell plc (ADR) (NYSE: RDS-A) and BG Group plc (ADR) (OTCMKTS: BRGYY) announced today that the former has agreed to acquire the latter for $70 billion. Royal Dutch Shell CEO Ben van Beurden was on CNBC Wednesday to explain why the company is acquiring BG Group. Bringing New Things...
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Talisman Energy Has Doubled In A Week; What About Its Peers?
Wednesday, December 17, 2014 - 1:40pm | 255Talisman Energy Inc. (USA) (NYSE: TLM)'s stock has more than doubled in price since last Tuesday, jumping from $3.74 to over $7.50 in seven days. The upsurge was set in motion by speculation regarding a takeover from Spain's Repsol SA (OTCMKTS:REPYY), which was later confirmed on...
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Morningstar's David Meats Says He Is Not Convinced Repsol-Talisman Buyout Will Go Through
Monday, December 15, 2014 - 4:47pm | 170Speaking to Benzinga, Morningstar Analyst David Meats said he is not convinced that Talisman Energy Inc. (NYSE: TLM) will accept a bid from Repsol SA (OTC: REPYY). He pointed out that Repsol made a bid for Talisman over the summer, and Talisman’s board rejected the offer. But since then,...
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Morningstar Analyst David Meats Doesn't Think Carl Icahn Feels It Was A Great Idea To Buy Into Talisman Energy
Monday, December 15, 2014 - 4:30pm | 143When asked if Carl Icahn is probably involved in merger and acquisition activity with Talisman Energy Inc. (NYSE: TLM), Morningstar Analyst David Meats said he doesn’t think Carl Icahn feels it was a great idea to buy into Talisman in the first place. “Whether he would be really...
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Morningstar Analyst On Potential Repsol-Talisman Buyout: 'I Don't Know If Talisman Is A Perfect Fit For The Company'
Monday, December 15, 2014 - 4:21pm | 195Morningstar Analyst David Wheats told Benzinga that he’s not sure Talisman Energy Inc. (NYSE: TLM) is a good fit for Repsol SA (OTC: REPYY). Earlier Monday, Talisman confirmed that it was in talks with Repsol. Meats explained that Talisman is a mixture. “It has some really...
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Morningstar Analyst Says Repsol Bid For Talisman Energy Is In The Middle Of Where Company Is Currently Trading And What It's Actually Worth
Monday, December 15, 2014 - 4:04pm | 143Speaking to Benzinga, Morningstar Analyst David Meats said that the rumored Repsol SA (OTC: REPYY) bid of C$6-C$8 per share bid for Talisman Energy Inc. (NYSE: TLM) is sort of right in the middle of Talisman’s value and what the stock is currently trading at. Because of the collapse in...
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Morningstar Analyst David Meats Values Talisman Energy At C$9 Per Share
Monday, December 15, 2014 - 3:47pm | 139When asked if the Repsol SA (OTC: REPYY) C$6-8 per share bid for Talisman Energy Inc. (NYSE: TLM) was fair, Morningstar Analyst David Meats told Benzinga that his fair value for the company is C$9 per share. “I think the value of the company really depends on your view of future oil...
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China Continues Acquiring Foreign Energy Firms
Monday, January 27, 2014 - 2:36pm | 633Even though growth is still not robust, the recent Chinese purchase of Novus Energy in Canada will hardly be the last investment in the oil and gas sector of that country. That comes from Zhang Kaiyong, chairman of Yanchang Petroleum International, who stated that, “Overall the Yanchang group is...
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Top M&A Deals Of 2010
Wednesday, December 29, 2010 - 10:34am | 327The Wall Street Journal has published a list of what it considers to be the five most important M&A deals of 2010. Hewlett-Packard (NYSE: HPQ) and 3Par are the first on the list. Hewlett-Packard acquired 3Par for $2.1 billion after battling with Dell (NASDAQ: DELL) to take ownership of the...