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Carlos Slim buys stake in recently nationalized YPF – Full story

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Carlos Slim buys stake in recently nationalized YPF (via AFP)

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LEE ADLER 

Mexico’s Carlos Slim, the world’s richest man, has acquired an 8.4 percent stake in YPF, the recently nationalized Argentine subsidiary of Spanish oil firm Repsol, filings show. Ratings agency Moody’s had downgraded YPF another notch on Tuesday, a month after Buenos Aires seized control of Argentina…

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