NewzThe hedge fund of billionaire Peter Thiel has acquired a 1% stake in Vista Energy, marking the magnate's first investment in Argentina's Vaca Muerta shale formation. The purchase, valued at USD 76 million, involves the country's largest oil exporter.
This strategic financial move deepens Thiel's business connections with Argentina. The investment arrives at a time when the domestic energy sector is actively seeking to capitalize on new opportunities.
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