Argentina's YPF Sociedad Anonima (D): The International Platform Case Solution
In March 1995, YPF (the former Argentine state-owned petroleum and gas utility, privatized in late 1993) acquired the Dallas-based Maxus Energy Corp., one of the world's biggest independent oil and gas exploration firms.
The. first acquisition of yPF is almost insolvent, with close to $1 billion in long-term debt. Roberto Monti takes over as CEO in August 1995. The case describes the measures he took to stem losses at Maxus before being named CEO of YPF in April 1997.
This is just an excerpt. This case is about GLOBAL BUSINESS
PUBLICATION DATE: August 18, 1997
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