South/Central America
Repsol to give recommendation to YPF deal for less than half of its value - sources
On Wednesday, sources disclosed that the board of directors of Spanish oil major Repsol will resolve to agree on compensation for its 51% ownership stake in YPF, of which the latter will be nationalized by the government of Argentina.
Yara International grows further in South America with OFD Holding purchase
Yara International will be expanding its South American footprint further with its agreement to acquire OFD Holding Inc from Omimex Resources Inc for USD 425 million.
Mexico's TV Azteca buys troubled soccer club Atlas
Mexican broadcaster TV Azteca purchased financially troubled soccer club Atlas on Monday in an acquisition deal valued at USD50 million, according to the club's president.
UBS offers buyback of some Puerto Rico bond fund shares
Swiss lender UBS said it will be offering to repurchase some of the shares of its Puerto Rico bond funds. The buyback program came as the commonwealth's debt lost 16% this year.




