By Robert Kozak
LIMA, Peru--Four business groups have made an offer for assets
owned by Spain's Repsol SA (REP.MC) in Peru, newspaper El Comercio
reported Monday.
The newspaper said that state-owned oil company Petroleos del
Peru, or Petroperu, and two business conglomerates, one owned by
Peru's Romero family, and the other by Peru's Intercorp
(INTCOBC1.VL), have made offers.
The newspaper said, without citing any sources, that oil company
Blue Oil, with offices throughout Latin America, is also making a
play for the Repsol assets in Peru.
Petroperu said last week that its board hadn't authorized making
any offer to purchase assets of Repsol.
Repsol owns a network of gasoline stations, La Pampilla refinery
and a cooking-gas-distribution network in Peru. Repsol has been
getting rid of some assets in Latin America and elsewhere.
Write to Robert Kozak at robert.kozak@dowjones.com
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