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Repsol weighs merger of $19 billion upstream unit with APA, Bloomberg news reports
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Repsol weighs merger of $19 billion upstream unit with APA, Bloomberg news reports
Nov 13, 2025 8:58 AM

Nov 13 (Reuters) - Repsol SA is considering a

reverse merger of its upstream unit with potential partners,

including U.S. energy producer APA, Bloomberg News

reported on Thursday, citing people with knowledge of the

matter.

Repsol agreed in 2022 to sell a 25% stake in the upstream

division to private equity firm EIG Global Energy Partners LLC

in a deal valuing the business at $19 billion including debt,

the report said

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