Energy

Bloomberg.com reports that, for a stake in Talisman Energy Inc’s (TSE:TLM,NYSE:TLM) Canadian shale-gas assets, Sasol Ltd (NYSE:SSL) will pay C$1.05 B .

Bloomberg.com reports that, for a stake in Talisman Energy Inc’s (TSX:TLM,NYSE:TLM) Canadian shale-gas assets, Sasol Ltd (NYSE:SSL) will pay C$1.05 B . 

The story is quoted as saying:

The transaction appears to be “well thought through,” Abri du Plessis, chief investment officer at Cape Town-based Gryphon Asset Management Ltd., said by phone today. “The market has been waiting for a catalyst to move the price” of Sasol.

To access the full story, click here.

MARKETS

Markets
TSX19620.13+43.09
TSXV664.17+4.09
DOW32803.47+76.65
S&P 5004145.190.00
NASD12657.55-63.03
ASX7015.60+40.70

COMMODITIES

Commodities
Gold1782.78+8.68
Silver20.30+0.49
Copper3.550.00
Palladium2212.50+96.50
Platinum943.50+11.50
Oil88.10-0.91
Heating Oil3.18-0.04
Natural Gas7.63-0.43

DOWNLOAD FREE REPORTS

×