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Carlos Slim acquires stake in Argentine power co.

By Mark Stevenson
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Carlos Slim acquires stake in Argentine power co.

MEXICO CITY (AP) — The world’s richest man, Mexican telecommunications billionaire Carlos Slim, has acquired an 8.4 percent stake in Argentina’s newly state-controlled oil and gas producer, YPF S.A., but it’s unclear what he intends to do with it.

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