YPF BCBA:YPDCB to buy BNR Power stake in YPF Luz
YPF BCBA:YPDCB said its board agreed to buy out BNR Power Investment’s nearly-25% stake in YPF Luz to take full control. The deal is set to cost around $430 million.
Argentina state-run energy producer YPF BCBA:YPDCB said on Thursday its board agreed to buy out BNR Power Investment's nearly-25% stake in electricity subsidiary YPF Luz and take full control of the unit. YPF said in a statement the deal is set to cost around $430 million.