Deals
Total Nears Halfway Mark on Asset-Sale Plan, Finance Chief Says
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Total SA is working on asset sales that could bring Europe’s third-biggest oil company halfway to a $20 billion divestment target.
“We are currently working on several disposals and I hope we will have some good news on some large asset sales by year-end or the beginning of 2013,” Chief Financial Officer Patrick de la Chevardiere said today on a conference call. “We are well on track on our divestment program.”