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Morningstar Analyst On Canada Pension Plan Weighing Bid For Talisman: 'Not A Natural Fit'

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Speaking to Benzinga about rumors that Canada Pension Plan is weighing a bid for Talisman Energy Inc. (NYSE: TLM), Morningstar Analyst David Meats said that it doesn’t look like a natural fit for CPP.

He explained that Talisman has a joint venture with Sinopec Shanghai Petrochemical Co. (NYSE: SHI), and he’s not sure how impressed Sinopec would be to partner with CPP.

“That company values not just the share in assets, but also the partnership with Talisman from a knowledge-transfer point-of-view,” he said.

Posted-In: Canada Pension Plan David Meats morningstar Oil petroleum SinopecAnalyst Color Exclusives

 

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