BRIEF-Cepsa to buy Coastal Energy Company for C$19/shr

Tue Nov 19, 2013 12:05am EST
 
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Nov 19 (Reuters) - Coastal Energy Co : * Cepsa to acquire Coastal Energy Company for C$19.00 per share * Says proposed transaction has an aggregate value of approximately C$2.3

billion including net debt * Says expected to close in the first quarter of 2014 * Says transaction will be funded by cepsa's and srg's available financial

resources * Source text for Eikon * Further company coverage