In March 1995, YPF (the former Argentine state oil and gas company, was privatized in late 1993) has acquired Dallas Maxus Energy Corporation, one of the world's largest independent oil and gas companies. First acquisition of YPF is almost bankrupt, with close to $ 1 billion in long-term debt. Roberto Monti has served as CEO in August 1995. The case describes the steps it took to stop the losses at Maxus CEO until the appointment of YPF in April 1997. "Hide
by Mikhail Y. Yoshino, Carin-Isabel Knoop Source: Harvard Business School 4 pages. Publication Date: August 18, 1997. Prod. #: 398005-PDF-ENG
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