Wednesday, May 9, 2007

Repsol Is Holding Talks With Possible Investors in Argentine Unit YPF

(Bloomberg) -- Repsol YPF SA, Europe's fifth-largest oil company, is holding talks with investors interested in buying stakes in its Argentine unit, YPF.

The Madrid-based producer, which plans to keep control of YPF, is also considering selling shares in the unit through a public offering, Chairman Antonio Brufau said today at the company's annual shareholders' meeting. He didn't name any potential buyers or say when the sale will take place.


Read more at Bloomberg Emerging Markets News

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