Stanford Graduate School of Business (USA)
-
Repsol and YPF (A): A Perfect Marriage?
Shotts, K; Casey, K; Melvin, SCase SGSB-P90A-EEconomicsBack in 1999, the Spanish oil company Repsol purchased 98 percent of the Argentine oil company YPF’s shares for more than $15 billion and changed its name to Repsol-YPF. At the time, the New York Times said the deal “appears to be a perfect marriage” and asked, “Repsol-YPF: As Good as It Gets?” However, on April 16, 2012, that “perfect marriage” was effectively annulled when Argentine president Cristina Fernández de Kirchner announced that her go...Starting at €8.20