(CCN) Talisman Energy Receives Shareholder Approval for Acquisition by Repsol



BN 02/18 18:27 *TALISMAN ENERGY GETS HOLDER APPROVAL FOR PURCHASE BY REPSOL

Talisman Energy Receives Shareholder Approval for Acquisition by Repsol
2015-02-18 18:27:23.413 GMT


NEWS RELEASE TRANSMITTED BY Marketwired

FOR: Talisman Energy Inc.

TSX SYMBOL: TLM
NYSE SYMBOL: TLM

FEBRUARY 18, 2015

Talisman Energy Receives Shareholder Approval for Acquisition by Repsol

CALGARY, ALBERTA--(Marketwired - Feb. 18, 2015) - Talisman Energy Inc.
(TSX:TLM) (NYSE:TLM) announced today that the holders of its Common Shares and
Preferred Shares have approved the proposed arrangement under which Repsol
S.A., through a wholly-owned subsidiary, is to acquire all of the outstanding
shares of Talisman. Of the votes cast, over 99% of holders of each class of
shares voted in favour of the agreement at the special meeting of shareholders
held earlier today.

The completion of the arrangement remains subject to the granting of a final
order by the Court of Queen's Bench of Alberta, the receipt of required
regulatory approvals and the satisfaction or waiver of other customary closing
conditions. It is anticipated that the completion of the transaction will occur
in the second quarter of 2015 and all regulatory approvals are on track.

Talisman Energy Inc. is a global upstream oil and gas company, headquartered in
Canada. Talisman has two core operating areas: the Americas (North America and
Colombia) and Asia-Pacific. Talisman is committed to conducting business
safely, in a socially and environmentally responsible manner, and is included
in the Dow Jones Sustainability (North America) Index. Talisman is listed on
the Toronto and New York stock exchanges under the symbol TLM. Please visit our
website at www.talisman-energy.com.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

Talisman Energy Inc. - Media and General Inquiries
Brent Anderson
Manager, Corporate Communications
403-237-1912
tlm@talisman-energy.com
or
Talisman Energy Inc. - Shareholder and Investor Inquiries
Lyle McLeod
Vice-President, Investor Relations
403-767-5732
tlm@talisman-energy.com


INDUSTRY: Energy and Utilities - Oil and Gas

SUBJECT: TMN

-0-

-0- Feb/18/2015 18:27 GMT

FT : A slippery slope for Switzerland’s Russian skiers


A slippery slope for Switzerland’s Russian skiers
Roula KhalafRoula KhalafAuthor alerts

Sochi is seeing more visitors as domestic financial woes keep tourists close to home

“It’s complicated,” says the concierge at the W, one of Verbier’s swankier hotels, when I inquire about this season’s dramatically diminished Russian clientele.
Swiss resorts, says the concierge, have suffered from the surge of the swiss franc and Russia’s financial woes — including the collapse of the rouble, sanctions over Ukraine and the plunging oil price. But, putting on a proud face, he claims other European spots are hurting more. He assumes my curiosity relates to the reputation of some Russian skiers for boorish behaviour. He whispers that I need not worry: “We’ve seen none of that here.”


Though it’s entertaining to read about extravagance on the slopes, including an apparent penchant for Gucci sleds, I have little interest in how people choose to spend their money or their ski holidays. My probing has more to do with the impact of sanctions on Russian holidaymakers and their potential repercussions on President Vladimir Putin’s adventurism in Ukraine.
During my week in Verbier, I watched Mr Putin on television in Minsk pledging, yet again, to work for peace in Ukraine. The first Minsk agreement, struck back in September, remained merely ink on paper. I suspect the second one is about to suffer the same fate.
There might be logic in Mr Putin showing flexibility from time to time: it could reduce the pressure for further American and European sanctions and temper the debate over whether to arm Ukraine. It might also create doubts in Europe over the merits of maintaining existing restrictions, which will soon come up for renewal.
Mr Putin’s audience when it comes to peace overtures is not just a frustrated west that has tired of predicting his next move; it is also his own citizens who worry about whether they can still afford an overseas holiday. Resorts from the snow-capped mountains of Europe to the sunny skies of Dubai have registered a decline in Russian tourists in recent months. Many headed instead to the slopes of Sochi, which benefited from $50bn-worth of development for the 2014 Winter Olympics.
Russian skiers are relative newcomers to Verbier; St Moritz and Zermatt have been historically more to their liking. Both exclusive and focused on the sports buff (it is “the place where moguls go for moguls”, according to GQ magazine), Verbier appeared on the Russian ski map only in recent years, along with the rise of fancy hotels. Sir Richard Branson added his own touch of glamour to the alpine resort with the 2008 opening of The Lodge, the highly expensive nine-bedroom rental chalet.
It is perhaps in Courchevel — known as “the little Russian town”, according to the Verbier concierge — that the impact of the Ukraine crisis is better understood. The upscale French ski resort was among the first to attract wealthy Russians. Adeline Roux, head of the tourism office, tells me the romance dates back to the 1980s, when a certain Mme Raymonde Fenestraz, a businesswoman who introduced high-end chalets to the resort, went to Russia to market Courchevel to jet-setters. Four years ago, says Ms Roux, middle-class Russian families followed the most affluent there — and, after the new year break, they often came back in March for international women’s day, a popular holiday in Russia.
Last year, however, fewer returned. This January Courchevel still did very well with the Russian skiers who stay in five-star hotels — but the resort hosted a smaller number of middle-class visitors, mainly renting chalets and apartments. “The Russian clientele is very high end, so even if they lost a bit of purchasing power, they are very international,” says Ms Roux. “Other resorts suffered more than Courchevel because they rely more on volume, and on the middle class whose purchasing power has gone down and now prefer to go to Sochi.”
Mr Putin’s recent embrace of diplomacy might have given the middle class some hope and maybe boosted the prospects of a more prosperous March for French and Swiss ski resorts. Chances are, though, there will be more Russians on the slopes of Sochi than Courchevel for quite a while.

>>> Hilton - Reports Q4 $0.17 v $0.18e, R$2.83B v $2.75Be

Hilton on the tape :
Reports Q4 $0.17 v $0.18e, R$2.83B v $2.75Be 
- Guides Q1 $0.10-0.12 v $0.15e, Revpar %, Adj EBITDA $M
- Guides initial FY15 $0.78-0.83 v $0.85e, Revpar %, Adj EBITDA $B
- Guides FY15 RevPAR %, net unit growth K rooms, % in managed and franchised rooms (prior RevPAR +5-7%, net unit growth 40-45K rooms, +6-7% in managed and franchised rooms)

>>>France5 - Doc. fiction sur la sortie de l'Euro de la France...for a quiet day


ce documentaire semble avoir ete fait pour inquieter les gens sur une potentielle sortie de l euro...inquietant qu une chaine publique fasse un tel doc. ds une periode comme celle que nous traversons...il semblerait que l on veuille effrayer l opinion publique sur une hypothetique sortie de l 'Euro...

La sortie de la grece a ete "price" et peut etre tout a fait gerable par l'Europe....

L'Italie est un autre soucis car l'Italie c'est au bas mot 6 fois la grece...et ne parlons pas de la France...personne ne veut vraiment que cela arrive mais commencer a voir des docu la dessus sur des chaines publiques ne rassure pas sur le fait que les hommes poilitiques ont surement de grosses craintes sur le risque de contagion...

Cela est juste une vue personnelle, mais cela m'a interpele

L.C.