Financial Times FT.com

Potential Repsol sale exposes Sacyr woes

By Mark Mulligan

Published: November 30 2008 22:46 | Last updated: November 30 2008 22:46

The Spanish government has come under pressure in recent weeks over the possible sale of up to 29.9 per cent of Repsol, the oil group, to Lukoil of Russia.

Politicians of all hues fear a deal could lead to a foreign takeover bid for the company and deprive Spain of its only integrated energy group.

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