Cash-rich Repsol Searches for Assets to Fill Its Argentina Void

Now watching

Next video starts in : 7 Play

Cash-rich Repsol Searches for Assets to Fill Its Argentina Void

Cash-rich Repsol Searches for Assets to Fill Its Argentina Void
Replay video
Up next

Turkey Stalks Students on College Campus

Unlock your personal NFL Now stream by signing in to NFL.com

Cash-rich Repsol Searches for Assets to Fill Its Argentina Void

by TheStreet.com Videos 1:44 mins

Cash-rich Repsol Searches for Assets to Fill Its Argentina Void

by TheStreet.com Videos 1:44 mins

Spanish oil company Repsol lost a huge chunk of its proven reserves in a dispute with Argentina over YPF, a South American subsidiary. And Repsol suffered another blow earlier this year when it was forced to shut down operations in Libya due to unrest in that company. But a settlement with Buenos Aires put billions of dollars in Repsol's coffers and it is now looking for targets in the U.S., Canada and Norway. The problem is that there are few quality businesses available and the ones that are will not be cheap. In fact, Repsol has already lost one bidding war in Norway. But the company is still showing strong growth, so it can afford to wait for the best opportunity.

Must Watch

Community

  1. 27:26

    Community Episode 1: Ladders

  2. 27:26

    Community Episode 2: Lawnmower Maintenance and Postnatal Care

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 30:58

    Community Episode 4: Queer Studies and Advanced Waxing

  5. 28:45

    Community Episode 5: Laws of Robotics and Party Rights

  6. 28:13

    Community Episode 6: Basic Email Security