Article Tools

OMV: Complete Takeover of Petrol Ofisi Fixed

Published: October 22, 2010; 19:44 · (Vindobona)

The deal is finished. Turkey will be the third main market for the OMV group.

OMV: Complete Takeover of Petrol Ofisi Fixed / Picture: © Wikimedia Commons / DanielZanetti [CC BY 3.0 (https://creativecommons.org/licenses/by/3.0)]

The Austrian Group OMV AG has concluded its negotations with Dogan Holding, the previous major owner of Petrol Ofisi´s shares. Petrol Ofisi acts as operator of petrol stations in Turkey. The stake of 54,17 percent is now sold to the OMV, which pays 1 billion euros therefore. The stake of the OMV on Petrol Ofisi now amounts to 95,75 percent. As a result, OMV now has the complete and…

This article includes a total of 179 words.

or Log In

Fast News Search
Related News
Today´s Winners and Losers (October 25, 2010)
OMV Deal: Many Questions Without Answer (October 22, 2010)
OMV Plans Complete Takeover of Petrol Ofisi (October 20, 2010)
Postponed: Decision on Nabucco Not Before 2011 (October 8, 2010)
Austria Continues Being the Largest Investor in Romania (September 23, 2010)
OMV targets a 20% market share in Serbia (September 13, 2010)
OMV to cover 9 percent of Romanian energy demand (August 30, 2010)
OMV boss with possible prosecution (August 20, 2010)
Read More
Capital Increase, Petrom, Romania, Energy Industry, Petrol Stations, Petrol Fuel, Negotiations, M & A, Petrol Ofisi, Turkey, Funding, OMV, Dogan, Equity Ratio
Featured
Updated Directory of Foreign Ambassadors in Austria 2019
List of National Days of the home countries of all foreign Missions and Delegations in Vienna, Austria
See latest Vindobona Newsletter