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Pampa Energia debt shelf sparks M&A talk

2016-01-27 08:12:12| Apparel - Topix.net

Pampa Energia's shareholders have approved a US$500m debt program, raising speculation that the Argentine utility is accumulating a war chest for an acquisition of Petrobras assets. And local press reported the company had been analyzing an offer for a stake of slightly more than 60% for US$1bn-US$1.3bn.

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