Repsol agrees the sale of a further 3.83% of ypf for $639 million

Repsol has agreed to sell 2.9% of YPF to Lazard Asset Management, and a further 0.93% to other investors, at $42.4/share.
The sale of YPF shares is part of Repsol’s strategic goal to rebalance its portfolio of assets.
Repsol has agreed to sell a 3.83% stake of YPF to Lazard Asset Management and other investment funds for $639 million.
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Source: Your Oil & Gas News