Pemex looks for higher yield after Repsol sale

Pemex looks for higher yield after Repsol sale

M&A Economy & Policy Corporate & Sovereign Strategy

Pemex will look for higher-returning assets when it reinvests the €2.09bn ($2.85bn) from its sale of a 7.86% stake in Spanish firm Repsol, the Mexican oil company said on Wednesday. As the Mexican government reforms the oil and gas industry, Pemex’s

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