Spain's Repsol selling stake in YPF for $639M

AP News
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Posted: Mar 14, 2011 7:10 AM
Spain's Repsol selling stake in YPF for $639M

Spain's Repsol energy company says it will sell a 3.83 percent stake in its Argentine YPF division to Lazard Asset Management and other investment funds for $639 million (euro464 million).