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07/14/17 12:40 PM

#30 RE: eFinanceMarkets #29

$YPF Report: YPF eyes sale of electricity subsidiary stake to GE

YPF (YPF +0.1%) is in talks to sell a 49% stake in its electricity generation subsidiary to General Electric (GE +0.2%), Reuters reports, citing local media in Argentina.

The two companies are partners in several electricity projects in Argentina, including plants in the Tucuman province and near the Vaca Muerta shale field.