Edenor joined Andina PLC in a binding offer to YPF to buy a stake in Metrogas, Argentina’s largest gas distributor.
The bid targets shares representing 70% of Metrogas’s share capital and voting rights.
The offer also covers shares representing 5% of MetroEnergia, a Metrogas subsidiary.
The deal remains subject to YPF’s selection in its competitive sale process.
If completed, the acquisition would expand Edenor into gas distribution, complement regulated utility operations, and support operating synergies in Argentina.
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