Argentina's YPF gains full control of electricity subsidiary with $430 million stake purchase
Argentina's YPF gains full control of electricity subsidiary with $430 million stake purchase Oct 8 (Reuters) - Argentina state-run energy producer YPF YPFDm.BA said on Thursday that its board had agreed to buy out BNR Power Investment's nearly-25% stake in electricity subsidiary YPF Luz to take full control of the unit.
The deal is set to cost around $430 million, YPF added in a statement.
(Reporting by Kylie Madry)
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