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Royal Dutch Shell PLC completes Repsol deal-DJ

Thursday, 2 Jan 2014 08:31pm EST 

Repsol SA:Royal Dutch Shell PLC said it has completed the acquisition of Repsol SA's liquefied natural gas portfolio outside North America for $3.8 billion net-DJ.The purchase price has been amended to include the exercise of pre-emption rights of the BBE power plant in Spain by an existing partner, as well as other adjustments.The adjustments included the financial performance of the portfolio and working capital movements since Oct. 1, 2012.Shell will also assume balance-sheet liabilities of $1.6 billion, down from $1.8 billion as originally agreed. 

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-0.085 -0.31%
6:03am EDT