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REP Repsol Ypf, S.A.

33.46
0.00 (0.00%)
22 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Repsol Ypf, S.A. NYSE:REP NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 33.46 0.00 01:00:00

Four Bidders Interested in Repsol Assets in Peru - Report

15/04/2013 2:35pm

Dow Jones News


Repsol Ypf (NYSE:REP)
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By Robert Kozak

LIMA, Peru--Four business groups have made an offer for assets owned by Spain's Repsol SA (REP.MC) in Peru, newspaper El Comercio reported Monday.

The newspaper said that state-owned oil company Petroleos del Peru, or Petroperu, and two business conglomerates, one owned by Peru's Romero family, and the other by Peru's Intercorp (INTCOBC1.VL), have made offers.

The newspaper said, without citing any sources, that oil company Blue Oil, with offices throughout Latin America, is also making a play for the Repsol assets in Peru.

Petroperu said last week that its board hadn't authorized making any offer to purchase assets of Repsol.

Repsol owns a network of gasoline stations, La Pampilla refinery and a cooking-gas-distribution network in Peru. Repsol has been getting rid of some assets in Latin America and elsewhere.

Write to Robert Kozak at robert.kozak@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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