Radar > 230442

Repsol to divest assets worth EUR 6.2bn

Repsol desinvertirá en activos por valor de EUR 6.200m

Intel ID : 230442
Synopsis

Spain-based Repsol (BME: REP) will divest non-strategic assets worth EUR 6.2bn, as reported by the company through a relevant fact published by Securities Commission CNMV on 15 October 2015.

This divestment is part of the company's strategic plan for 2016-2020, which mainly aims to reduce investment volume and increase shareholders remuneration.
(content in spanish)

La compañía española Repsol (BME: REP) llevará a cabo una desinversión en activos no estratégicos que le permitirá obtener EUR 6.200m, según ha comunicado la propia compañía en un hecho relevante remitido a la Comisión Nacional del Mercado de Valores (CNMV) el 15 de octubre de 2015.

Esta desinversión forma parte del Plan Estratégico 2016-2020 de la compañía, que tiene dos de sus pilares en la reducción del volumen de inversión y en el incremento de la remuneración al accionista.

Relevant Documents

Seller


Intel ID 230442
Value EUR 6.200,00m
Native Currency Euro (EUR)
Financial Data - Repsol
(31 Dec 2022)
Date
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Continent
Geography
Subsector (Old TTR Sectors)
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Seller

Name
verified
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Oil and Gas (Primary)
Energy and Renewable Energies / Solar
Primary Sector (TTRSC)
20.02.05 Oil & Gas Exploration & Production (Upstream)
20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels

Secondary Sectors (TTRSC)
20.04.08 Solar Power
20 Energy & Utilities / 20.04 Renewable Energy

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potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

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