IHS Chemical Week

Report: Billionare Soros more than doubles stake in YPF

11:01 AM MDT | August 21, 2014

Billionaire George Soros has more than doubled his stake in Yacimientos Petroliferos Fiscales (YPF; Buenos Aires), purchasing 8.47 million shares during the second quarter, Bloomberg reports. Soros's stake now stands at 3.5% of YPF's American depositary receipts. The deal was worth $450 million, according to Bloomberg. The report follows YPF's announcement last week that it had made a nonconventional shale gas discovery in the Agrio formation, to the north of Neuquén, Mendoza Province, Argentina. The discovery is YPF's third nonconventional find in Argentina. he...

Access is for Chemweek 24/7 PLUS Members ONLY

This information is only available to Chemweek 24/7 PLUS members who have subscribed to Chemweek’s Business Daily. If you are a member, please log in, OR if you have a trial membership, please use your trial membership account information. 


Forgot your user ID or password? Click here to have it sent to you.

contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa