Repsol, S.A. (CATS:REP) announced a private placement of 64,700,000 treasury shares at €16.01 per share for gross proceeds of €1,035,847,000 on March 4, 2013. The transaction included participation from returning investor, Temasek Holdings (Private) Limited. The investor acquired a 5.04% stake in the company through this transaction and now holds a 6.30% stake in the company. As part of the transaction, the investor will appoint representative on the company's board. ...
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Royal Dutch Shell plc (LSE:RDSA) agreed to unknown stake in Peru LNG S.R.L., 20% in Atlantic LNG and 25% in Bahia de Bizkaia Electricidad Sociedad Limitada from Repsol, S.A. (CATS:REP), Atlantic 2/3 Holdings, LLC and Repsol Exploracion Peru SA for $6.7 billion on February 26, 2013. The deal also includes a gas-fueled power plant in Spain. Shell will pay $4.4 billion in cash and assume $2.3 billion in financial leases and debt for a package of assets that would exclude ... a Canadian LNG import terminal. Repsol and Shell have also agreed a 10 year LNG supply contract to the Canaport regasification terminal, which remains within the Repsol Group. The transaction is subject to regulatory approvals and other conditions precedent and is expected to close by the end of the year 2013 or early 2014. The funds obtained from the sale of the LNG assets will allow Repsol to boost its upstream organic growth strategy. As on April 26, 2013, the transaction has been approved by CADE. Alistair Maxwell and Luis Puchol-Plaza of Goldman Sachs acted as financial advisor and Alejandro Ortiz, Lara Hemzaoui, José Gimenez, Javier Pºerez Bustamante, Naiara Rodriguez Escudero, Roberto Sánchez, Juan Passas, Fredrik Lowagen, Belén Lavandera, Rita Brandão, Julio Acinas, Luis Manuel Lozano, Sandra Lazcano, Manuel Herrero, Sonsoles Leal, Alberto García Linera Cayetano Fuentes, Leticia Pla, Alicia Sarrado, Lucia Alonso, Clodagh Hayes, Nick Garland, Matthew J. Hagopian, Mark Kingstone, Vanessa Havard-Williams, Tim Venables, Mark Russel, Rebecca Wright, Ross Schloeffel, Neena Ainsley, Michael Fanner, Philip Marcu, Ana Baidoukova, Rachel Morse, Charlotte Philips, Henk Arnold Sijnja, Bart Jan Kuck, Maarten Overmaars, Esther Van der Plaat, Varsha Trottman, Niels Jense, Robert Bell, Sumeet Sinha, Nandini Sur, Francisco Ferraz de Carvalho, Edgar Monteiro and Matthew Devey of Linklaters acted as legal advisor for Repsol. Kathy Honeywood, Sze-Shing Tan, Graham Phillips, Jo En Low, Grace Yuen, Julian Baddeley, Ruth Paul and Erik O'Connor of Clifford Chance acted as legal advisor to Royal Dutch Shell.
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