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Repsol YPF chairman warns Pizarro not to obstruct market forces in takeover bid (Brufau advierte a Pizarro de que no debe "obstruir el mercado" en la OPA lanzada por Gas Natural).
(From El Pais)
Yesterday, Antonio Brufau, the chairman of leading Spanish petrochemicals group Repsol YPF, warned leading Spanish electricity group Endesa and its chairman, Manuel Pizarro, not to persist with their opposition to the planned takeover of Endesa by leading Spanish gas group Gas Natural. Repsol YPF controls 30 per cent of Gas Natural.
In a statement, he said that it would be the market that decided whether the Gas Natural bid succeeded or failed. He also lent his support to the …
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