Deals Rumor Mill: Repsol, Blackstone, RBS

Law360, New York (November 26, 2013, 3:12 PM EST) -- Spanish oil giant Repsol SA is verging on a $5 billion agreement to end a long-running dispute with Argentinian officials that seized a chunk of the company's assets last year, sources told Reuters on Tuesday. The deal offers less than half the amount Repsol initially requested, and would be handed over in bonds, not cash. For the past 18 months, the Spanish company has fought to recoup losses after the Argentine government seized Repsol's 51 percent stake in one of the country's energy firms, YPF SA....
To view the full article, register now.