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Talisman investors approve Respol takeover bid

19th February 2015

Talisman Energy has announced today that the holders of its common shares and preferred shares have approved the proposed arrangement under which Repsol S.A., through a wholly-owned subsidiary, is to acquire all of the outstanding shares of Talisman

Talisman Energy has announced today that the holders of its common shares and preferred shares have approved the proposed arrangement under which Repsol S.A., through a wholly-owned subsidiary, is to acquire all of the outstanding shares of Talisman
It is anticipated that the completion of the transaction will occur in the second quarter of 2015 and all regulatory approvals are on track.

Of the votes cast, over 99 per cent of holders of each class of shares voted in favour of the agreement at the special meeting of shareholders held earlier today.

The completion of the arrangement remains subject to the granting of a final order by the Court of Queen's Bench of Alberta, the receipt of required regulatory approvals and the satisfaction or waiver of other customary closing conditions.

It is anticipated that the completion of the transaction will occur in the second quarter of 2015 and all regulatory approvals are on track.

 

 

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