MADRID (AP) -- Spanish energy company Repsol says it hasn't received any official notice from Argentina on the government's plans to take control of its South American unit YPF.
Repsol YPF SA said in a statement to Spanish security regulators that "it has not received any notification from the (Argentine) authorities related to its stake in its subsidiary YPF SA."
Repsol made the announcement Friday — hours after Argentina President Cristina Fernandez met with members of her government to plot next moves regarding YPF.
The company's stock slumped 1.5 percent to €17.70 per share Friday morning in Madrid.
YPF is Argentina's largest company. Fernandez's government has accused Repsol of paying too much in profits and not investing enough in exploration and production.