Carlos Slim bought a share in a large nationalized Argentinean oil company

The Mexican Carlos Slim, who is considered the richest man in the world, bought 8.4% of the Argentinean oil and gas company YPF, which was recently nationalized in accordance with the decision of the country's president, Christina Fernandez de Kirshner, reports the Argentine Exchange Portal Bolsamania with reference to the Argentina government.

In early May, a decree on the expropriation of 51% of YPF shares belonging to the Spanish oil and gas company Repsol (she has 57.4% of the shares) entered into force, as well as her "daughter" YPF GAS SA, the Argentine authorities said that the Repsol YPF did not invest enough in the oil industry, and withdrawing profit outside the country in the form of the country Dividends, and also exported too much oil to obtain benefits from world prices instead of deliveries to the domestic regulated market. Ten days ago, the Argentina government completed the YPF nationalization process, appointing its head and the board of directors. The Spanish Repsol retained one place in it, reminds the "Prime" .

Now Slim controls 32.9 million YPF shares of class D. After information on the purchase of shares of the company with a Mexican billionaire, their cost on the New York Stock Exchange has risen by about 10%.

The state of Slim, according to various sources, ranges now in the region of $ 70 billion, its business is associated with the telecommunications market of Mexico and Latin America. The basis of the Slim business in Mexico is the telecommunications industry - it owns the company American Movil, Telcel, Telefonos de Mexico and Altria Group. The main asset of the entrepreneur is Grupo Carso, which controls a number of large Mexican companies.

Slim also belongs to the largest Embrate telecommunication company in Brazil, which controls almost the entire mobile and digital communications market in a South American country. The strategic plan of the Slim empire is to take control of the entire market for mobile and digital communications in Brazil, Argentina, Colombia, Chile, Ecuador, Paraguay, Peru and Uruguay.