Edenor is trading at ARS 1893.00, up +4.82%, after agreeing to acquire YPF’s 70% MetroGAS stake and 5% MetroENERGÍA stake for US$780 million.
- The transaction expands Edenor from electricity distribution into gas and positions it as a larger integrated energy company.
- MetroGAS also rallied sharply after the announcement, reinforcing the positive market reaction to the deal.