OMV decides on action plan to safeguard financial strength
Reduce organic investments by around EUR 500 mn to below EUR 2 bn in 2020 Cut costs by around EUR 200 mn Pay for Borealis acquisition in two tranches: more than EUR 2 bn not due until end of 2021 Postpone EUR 1.5 bn-worth of projects to ...
OMV and Mubadala agree on payment of the purchase price for the additional 39% share in Borealis in tranches
OMV, the international integrated oil and gas company headquartered in Vienna, and Mubadala Investment Company, the Abu Dhabi-based strategic investment company, signed today an amendment agreement to the share purchase agreement for the acquisition ...
OMV plans the sale of its shares in Gas Connect Austria
OMV, the international, integrated oil and gas company headquartered in Vienna, and VERBUND, Austria's leading electricity company and one of the largest hydropower producers in Europe, announce to open negotiations on an exclusive basis for the ...