05.03.2013 - Temasek buys 5 pct in Spanish energy giant Repsol for $1.35 bln
Temasek Holdings, Singapore's sovereign wealth fund, bought a 5-per cent stake in Repsol SA, for 1.04 billion ($1.35 billion), lifting its holding in the Spanish oil giant to 6.3 per cent. Temasek, one of the world's biggest investors with over 115 billion of assets, paid 16.01a share, or a 1.7 per cent discount to Friday's close. The Madrid-based company sold its entire portfolio of treasury stock at a discount and booked a 148 million loss on the transaction...............................................Full Article: Source
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