Bloomberg News

Pemex Says Reaches 9.49% Stake it Targeted in Repsol

October 14, 2011

Oct. 14 (Bloomberg) -- Petroleos Mexicanos has reached the 9.49 percent stake it targeted in Repsol YPF SA, taking its combined holding with Sacyr Vallehermoso SA to 29.5 percent, the two companies said in a regulatory filing.

According to the latest public information, Repsol holds no treasury stock, meaning those percentages are equivalent to voting rights, the companies said in Madrid today.

To contact the editor responsible for this story: Emma Ross-Thomas at erossthomas@bloomberg.net


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