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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Temasek, Sinopec approach Repsol over Gas Natural stake

Posted on 07 October 2013

Singapore’s sovereign wealth fund Temasek and Chinese refiner Sinopec have approached Spanish oil company Repsol over its 4.7 billion euro ($6.4 billion) stake in Gas Natural , the Financial Times reported on Sunday.
Repsol said in July it was considering disposing of its Gas Natural stake because the agreed sale of its liquefied natural gas business to Royal Dutch Shell , due to close this year, diminishes the holding’s strategic rationale………………………………………..Full Article: Source


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