Spain's Repsol-YPF is moving ahead with plans to sell up to 20pc in its Argentinian subsidiary, former state-run firm YPF.Talks are already under way, says Repsol-YPF chief Antoni Brufau, with several local companies. Having an Argentinian partner, Brufau says, would facilitate Repsol-YPF's "insertion" into local society. Local analysts say it would help lessen political risk. Government officials have welcomed Repsol-YPF's decision.
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