Tuesday, April 7, 2009

IPIC To Acquire 32% Stake In CEPSA for 2.87B EUR

International Petroleum Investment Corp agreed to acquire a 32.5% stake in Compania Espanola de Petroleos, the Spanish petroleum and exploration company, from Santander Central Hispano for 2.87 billion EUR. Rothschild is advising CEPSA.
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