Repsol Cuts Dividend as Crude Slump Casts Doubt on Talisman DealBy
Company books charge of 2.96 billion euros for price collapse
Talisman assets report operating loss of 208 million euros
Repsol SA, the worst-performing major European oil stock over the past year, cut its dividend for the first time since 2009 as its acquisition of Talisman Energy Inc. turned sour amid the crude-market rout.
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