Repsol agrees to sell stake in YPF for 500 million dollars

Spain's biggest oil company, Repsol, said Thursday it has agreed to sell 3.3 percent of its Argentine unit YPF SA to two US investment funds for 500 million dollars (381.5 million euros).
Repsol will sell a 1.63 percent stake in YPF to Capital International for 250 million euros and an identical stake at the same price to Eton Park, the company said in a statement.
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Source: Expatica