Mexico's Carlos Slim Buys 8.4% Stake in Argentina's YPF
Fox Business Friday 15th June, 2012
Mexican billionaire Carlos Slim has bought an 8.4% stake in YPF SA (YPF, YPFD.BA), Argentina's biggest oil-and-gas company.Mr. Slim acquired 6.59% of YPF's stock, or almost 25.9 million Class D shares, for $288 million, according to a filing YPF sent to the local stock exchange Thursday. He also acquired another 1.77%, or almost seven million shares, as part of the deal.The Mexican investor obtained the stake through Grupo Financiero Inbursa SAB ...
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