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Talisman Energy Inc. President and Chief Executive Officer, Hal Kvisle is photographed on Thursday, April 11, 2013.
Talisman Energy Inc. President and Chief Executive Officer, Hal Kvisle is photographed on Thursday, April 11, 2013.
(Chris Bolin For The Globe and Mail)

Talisman isn’t scared of bidders, won’t rule out any assets

The news that Repsol SA approached Talisman Energy Inc. about a deal shouldn’t surprise anyone. Hal Kvisle practically begged for deep-pocketed bidders.

Since implementing his strategic shakeup in 2013, Mr. Kvisle, Talisman’s chief executive, has told anyone within earshot that he would sell assets because he needs to right-size the company. Even though he favours some assets, he’s gone so far as to say that anything could be sold at the right price.