🟢 Edenor is trading 3.49% up today after agreeing to acquire YPF’s MetroGAS stake

Edenor is trading at ARS 1869.00 (+3.49%) after agreeing to acquire YPF’s 70% MetroGAS stake and 5% of MetroENERGÍA for US$780 million.

• The transaction expands Edenor into gas distribution and follows a competitive sale process.
• Investors are weighing the deal against second-quarter net profit falling 75% year over year to ARS 31.305 billion, despite revenue growth.
• No volume data was provided.