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Talisman shares soar 34% on takeover rumours

2014-12-12 19:43:48| Oil & Gas - Topix.net

Weak oil prices are raising the prospect of heightened takeover activity in the Canadian oilpatch, with Talisman Energy Inc. the latest subject of speculation. Shares in Calgary-based Talisman surged as much as 40 per cent Friday on reports it could soon be acquired by Spanish energy firm Repsol.

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