European Business Schools Librarian's Group

IESE Research Papers,
IESE Business School

No D/1055: Valuation of an Expropriated Company: the Case of YPF and Repsol in Argentina

Pablo Fernández ()
Additional contact information
Pablo Fernández: IESE Business School, Postal: IESE Business School. Research Division, Av Pearson 21, 08034 Barcelona, SPAIN

Abstract: On April 16, 2012 the Argentine federal government decreed the intervention of YPF. The share price of YPF fell 29% the next day. Two weeks later (May 3), the Argentine Parliament approved the expropriation of 51% of the YPF shares owned by Repsol. Repsol had a 57.4% stake in YPF. YPF was the second largest company in Argentina. In 2011, sales were $13.17 billion and dividends $1.29 billion.

Keywords: Intervention; shareholders; expropiation; valuation

22 pages, December 11, 2012

Full text files 

WP-1055-E.pdf HTML file

Download statistics

Questions (including download problems) about the papers in this series should be directed to Noelia Romero ()
Report other problems with accessing this service to Sune Karlsson ().

RePEc:ebg:iesewp:d-1055This page generated on 2024-09-13 22:20:02.