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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
Repsol sells its remaining 12% stake in YPF
Repsol has sold its remaining 12% stake in Argentine company YPF for $1.25bn. The Spanish oil company used to own a controlling share of the company after it was privatised in the late 1990s and before the Argentine government nationalised 51% of YPF two years ago, taking a significant portion of Repsol’s stock in the process. Repsol recently received a $5bn settlement from the Argentine government for YPF’s expropriation.
News Item details
Journal title: Petroleum Review
Keywords: Company news
Countries: Argentina - Latin America -
Subjects: Economics, business and commerce
