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Repsol SA Pours Cold Water On Gas Natural Stake Sale-Reuters

Monday, 7 Oct 2013 02:14pm EDT 

Reuters reported that Repsol SA is putting the brakes on the planned sale of a 30% stake in Gas Natural Fenosa, facing the need to offer a steep discount to attract buyers. Since Repsol announced plans in July to sell the stake, worth EUR4.7 billion ($6.4 billion). 

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