Repsol sells the ‘upstream’ to EIG for a record figure and will take it public – Expansión

Josu Jon Imaz is CEO of Repsol. Christinne Muschi BloombergRepsol sells 25% of its upstream area to the American fund EIG, valuing the business as a whole at close to 20,000 million, thus fueling the race for corporate operations in energy.Repsol, the leading oil company in Spain, has announced an agreement with the EIG fund to sell 25% of its traditional upstream business (exploration and production of hydrocarbons). The agreement also contemplates the IPO of that division, pr To continue reading go Premium
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