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Non-Tech : The Brazil Board

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To: DewDiligence_on_SI who wrote (897)4/17/2012 1:23:11 PM
From: elmatador   of 2504
 
YPF conflict could follow Petrobras model
evidence indicates it may be a strategy designed to follow the precedent set by Brazil's government using Petrobras (NYSE: PBR) to develop that nation's significant pre-salt resources. Nationalization rumors surrounding the country's largest oil firm YPF, controlled by Spain's Repsol (NYSE: REP), ramped up over the weekend with a flurry of reports that takeover plans are being finalized, either through expropriation or the purchase of a controlling stake.http://www.bnamericas.com/news/oilandgas/ypf-conflict-could-follow-petrobras-model-maplecroft

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