Shareholders of Talisman Energy Inc., Calgary, have approved the acquisition of the company by Spain’s Repsol SA (OGJ Online, Dec. 16, 2014).
More than 99% of ordinary and preferred shareholders at a Feb. 18 special meeting approved the deal, which both companies expect to be completed in the second quarter.
In December, Repsol offered $8.3 billion for all Talisman shares along with Repsol assumption of $4.7 billion of Talisman debt.
