Spokesman: Slim not looking at Repsol stake
Wednesday, November 20, 2013
Mexican billionaire Carlos Slim is not looking to purchase a 10 percent stake in Spanish oil company Repsol, a spokesman said on Tuesday, disputing a report in a Spanish newspaper.
Spain's ABC newspaper said that Mexico's state-run oil monopoly Pemex wants Slim to buy a stake in Repsol and join it in a new investor alliance in the major oil company.
A Pemex spokesman also denied any push to buy a larger stake in the Spanish company beyond the 9.4 percent that Pemex already owns.
Source: Reuters