Argentine concludes takeover of YPF naming new board and confirming CEO

Tuesday, June 5th 2012 - 03:01 UTC

Full article 5 comments

Argentina's government concluded the takeover of the country’s largest oil and gas company on Monday by naming a new chief executive and directors, even when YPF former owner - Spain's Repsol, kept one seat on the board. Read full article

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Tabutos
Argentinas debt that needs to be payed before they are taken seriously again
Jun 05th, 2012 - 08:52 am - Link - Report abuse 0
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British_Kirchnerist
All good news =)
Jun 05th, 2012 - 11:02 am - Link - Report abuse 0
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ChrisR
“Kicillof will be the only A Class director representing the state, while the other fifteen will remain D Class.”

Well, that's fair enough: he's certainly a class A prat and a failed economist to boot.

This is the clown who managed to screw up the flag carrier accounts and had to leave under a cloud. He even managed to crash his own company.

I think he is likely to put a new benchmanrk on stupidity with New YPF, but perhaps he can prove me wrong? Ha ha ha, I won't hold my breath.
Jun 05th, 2012 - 03:57 pm - Link - Report abuse 0
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toooldtodieyoung
3 ChrisR

Next weeks headline:-

“YPF in financial ruins, whereabouts of company directors unknown!!”
Jun 05th, 2012 - 04:41 pm - Link - Report abuse 0
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ChrisR
@4

If I were you, I would have a bet on it: I would if I were in the UK.

Mmmm, just spotted the flaw: nobody would be stupid enough to take the bet!

:o)
Jun 05th, 2012 - 07:31 pm - Link - Report abuse 0
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