Reuters: Global Markets: Argentina oil firm YPF stock dives, fears of government

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Argentina oil firm YPF stock dives, fears of government Apr 3rd 2012, 17:02 BUENOS AIRES | Tue Apr 3, 2012 10:23am EDT BUENOS AIRES (Reuters) - Shares in Argentina's biggest energy company YPF (YPFD.BA) plunged 13.6 percent in opening trade in Buenos Aires on Tuesday after its U.S.-listed shares fell to a three-year low on Monday, a national holiday in Argentina. Shares were battered by weekend media reports that said the center-left government had made up its mind to take control of the company, controlled by Spain's Repsol (REP.MC), either by expropriating it or buying a controlling stake.

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