RIO DE JANEIRO, April 17 (UPI) -- Argentina's president said the government would seize controlling interest in YPF, 57 percent of which is owned by Spanish oil concern Repsol.
With the announcement of the takeover by President Christina Fernandez de Kirchner, the government is moving quickly, appointing two top presidential aides, Julio de Vido and Exel Kicillof, to take over for Chief Executive Officer Sebastian Eskenazi, who Kirchner ousted from his position.