Talisman Energy Inc. wants to offload another $2-billion in assets in the next 12 to 18 months. That should keep bankers busy. Here’s a rundown on the potential sales, the roadblocks, and how the company would like to see deals structured.
Hal Kvisle, Talisman’s chief executive and the man running the turnaround process, has been candid about what he wants to jettison. The one he most desperately wants to ditch is the one hardest to sell – the North Sea assets. And Talisman’s inability to get a deal done there puts more pressure on the company.