Fri Aug 8, 2008 4:23am EDT
LISBON, Aug 8 (Reuters) - Spanish oil company Repsol and Portugal's Galp are negotiating a possible merger, daily Diario Economico reported on Friday.
Citing unnamed sources close to the negotiations, Diario Economico said the talks could involve possible asset swaps between the two companies.
The paper said a possible link-up between Repsol and Galp could involve the departure of Italy's Eni as a shareholder in Galp. Eni holds 33 percent of Galp.
Nobody at Galp was immediately available to comment. (Reporting by Axel Bugge)
Friday, August 8, 2008
Galp, Repsol looking at tie-up - report
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