Repsol’s board accepts YPF compensation deal

repsolThe Repsol’s Administrative Council has accepted the preliminary agreement reached among Argentina, Mexico and Spain involving a compensation for the expropriation of the Spanish firm’s 51 percent stake in the energy giant YPF.

On Monday, representatives of La Caixa, YPF and Mexico’s Pemex companies along with Spain’s Industrial Minister José Manuel Soria and Argentine Economy Minister Axel Kicillof signed the accord

Source: Buenos Aires Herald