Kuwait Petroleum Interested in Croatian and Bosnian OMV Stations

Energy › Oil & Gas ♦ Published: September 14, 2012; 17:02 ♦ (Vindobona)

OMV sells 91 petrol stations in Croatia and Bosnia. After the Croatian INA has announced to have submitted a binding offer, Kwait Petroleum shows interest.

Kuwait Petroleum Interested in Croatian and Bosnian OMV Stations / Picture: © Wikimedia Commons / DanielZanetti [CC BY 3.0 (https://creativecommons.org/licenses/by/3.0)]

The Croatian newspaper Vecernji list reports that Kuwait Petroleum Corp intends to acquire the 63 petrol stations in Croatia and the 28 petrol stations in Bosnia. The sale price may reach up to € 150m.

Last week, INA submitted a binding offer to OMV. The Croatian oil company intends to strengthen its position in Central Europe. The biggest shareholder in INA is the Hungarian…

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OMV, Croatia, Bosnia and Herzegovina, M & A, Energy Industry
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