In June 1999, Spain acquired the former state oil company Repsol, 97% of YPF, despite opposition from YPF management. The case describes the status of the two companies at the time of acquisition and industry analysts highlights concerns expressed about the deal.

In June 1999, Spain acquired the former state oil company Repsol, 97% of YPF, despite opposition from YPF management. The case describes the status of the two companies at the time of acquisition and industry analysts highlights concerns expressed about the deal.
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from
Michael Y. Yoshino,
Carin-Isabel Knoop,
Cate Reavis
Source: Harvard Business School
4 pages.
Publication Date: Oct 21, 1999. Prod #: 300028-PDF-ENG
Argentina YPF Sociedad Anonima (E): A New Era HBR case solution