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Provider: S&P Capital IQ Quantitative Report
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$460.00
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$15.00
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Provider: Reuters Investment Profile
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$20.00
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YPF SA, Pluspetrol Resources Corporation BV And Pluspetrol Energy SA Sign Agreement To Divide Pluspetrol Energy SA And Allocate Part Of Its Assets In New Company
YPF SA (YPF) announced that on June 4, 2013 the Company, Pluspetrol Resources Corporation BV (PPRC) and Pluspetrol Energy SA (PPE) signed an agreement to divide PPE, without dissolving, and allocate part of its assets in a newly created company. Consequently, YPF will not hold a stake in PPE and PPRD will not receive the shares of the new company. The total amount of shares will be held by YPF and other company controlled by YPF. In addition, the Company announced that on June 5, 2013 the shareholders of PPE approved the division and creation of the new company.
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