May 1, 2016
Friday, August 15, 2014

Billionaire Soros buys 3.5 stake in YPF

Billionaire Hungarian-American George Soros.

Billionaire hedge-fund titan George Soros has acquired more than 8.47 million depositary shares of Argentina’s YPF, a move that accounts for 3.5 percent of the energy company.

Loading up on Argentina’s oil producer, Hungarian-American Soros has become the firm’s fourth largest shareholder.

Back in 2012, President Cristina Fernández de Kirchner submitted a bill to Congress to discuss the expropriation of a 51 percent stake in YPF from Spain’s Repsol, a project that was signed into law in May that year bidding farewell to the Spanish firm’s 15 years of business – facing fierce accusations of ‘disinvestment’ by national authorities – in Argentina.

  • CommentComment
  • Increase font size Decrease font sizeSize
  • Email article
  • Print
  • Share
    1. Vote
    2. Not interesting Little interesting Interesting Very interesting Indispensable
Tags:  George Soros  Billionaire  YPF  stake  

  • Comment
  • Increase font size Decrease font size
  • mail
  • Print



    ámbito financiero    Docsalud     Premium        El Ciudadano        Management

Director: Orlando Mario Vignatti - Edition No. 4835 - This publication is a property of NEFIR S.A. -RNPI Nº 5236549 - Issn 1852 - 9224 -
Te. 4349-1500 - San Juan 141 *(entrance by) Paseo Colón 1196, (C1063ACY) CABA
Grupo Indalo