Done deal: Argentina's Congress approves $5 billion payoff to Spain's Repsol for YPF takeover

  • by: DEBORA REY , Associated Press
  • Updated: April 24, 2014 - 11:30 AM

BUENOS AIRES, Argentina — Argentina is hoping to have an easier time attracting international investors to exploit its oil and gas fields now that lawmakers have agreed to pay $5 billion to the Spanish company Grupo Repsol for its controlling stake in the YPF oil company.

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