Talisman Energy Inc. has announced:
that the completion of the acquisition of Talisman by Repsol S.A. is scheduled to occur on May 8, 2015. Regulatory approvals required under the arrangement agreement with Repsol have been obtained. The completion of the transaction remains subject to the satisfaction of customary closing deliverables.
The deal was announced in December and approved by shareholders in February.
TLM.PR.A is a FixedReset, 4.20%+277, that commenced trading 2011-12-13 after being announced 2011-12-5.
Update, 2015-5-9: Done:
Talisman Energy Inc. (TSX:TLM) (NYSE:TLM) announces that the acquisition of Talisman by Repsol S.A. by way of an arrangement under the Canada Business Corporations Act has been completed.
Under the arrangement, a wholly-owned subsidiary of Repsol has acquired all of the outstanding common shares of Talisman at a price of US $8.00 per share and all of the outstanding preferred shares of Talisman at a price of CDN $25.1093 (representing CDN $25.00 plus accrued and unpaid dividends) per share.
With the completion of the arrangement, the common shares will be delisted from the Toronto Stock Exchange and the New York Stock Exchange, and the preferred shares will be delisted from the Toronto Stock Exchange.
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TLM.PR.A To Be Acquired At $25.00 May 8
Talisman Energy Inc. has announced:
The deal was announced in December and approved by shareholders in February.
TLM.PR.A is a FixedReset, 4.20%+277, that commenced trading 2011-12-13 after being announced 2011-12-5.
Update, 2015-5-9: Done:
This entry was posted on Saturday, May 2nd, 2015 at 3:08 am and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.