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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Kuwaiti investment fund may rival LUKoil bid for Spain’s Repsol

Posted on 02 December 2008

From Rian.ru: The Kuwait Investment Authority (KIA) could rival a bid by Russian oil company LUKoil to buy a 20% stake in Spanish oil company Repsol YPF, the Finmarket website cited Spanish newspaper ABC as reporting.

Repsol shareholder Spanish builder, Sacyr Vallehermoso SA, is also reported to be considering other proposals after Russia’s largest independent crude producer first signaled it was interested in acquiring the Repsol stake….. Full Article: Source


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