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YPF nationalisation scuppers Chinese deal - reports

2012-04-18 18 Dailymotion

The nationalisation by Argentina of Spanish controlled oil company YPF has reportedly blocked long time hopes by China's Sinopec of buying YPF. <br /><br />The Financial Times says Spain's Repsol had been talking with the Chinese state owned firm for years about a sale of YPF and a Chinese financial website quoted a source as saying they were very close to a deal. <br /><br />...<br />http://www.euronews.net/

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