Advance on the Madrid Stock Exchange the title of Repsol: the Spanish oil group, in fact, gained more than 2% driven by the news of the sale of the liquefied natural gas (LNG) assets to Shell, as part of a maxi transaction worth 6,7 billion dollars.
In the note released today, the Spanish company expresses its satisfaction: “With this transaction – reads the press release – Repsol divested over 5 billion euro of assets in one year surpassing the target set in the 2012-2016 strategic plan of disinvestments of between 4 and 4,5 billion euros for the entire period”.
The agreement reached was described as "very positive" by Bankia Bolsa analysts who confirmed the "buy" rating on Persol stock, with a target price set at 20,20 euros.