OMV: Complete Takeover of Petrol Ofisi Fixed

Business › n.a. ♦ Published: October 22, 2010; 19:44 ♦ (Vindobona)

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

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…

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Capital Increase, Petrom, Romania, Energy Industry, Petrol Stations, Petrol Fuel, Negotiations, M & A, Petrol Ofisi, Turkey, Funding, OMV, Dogan, Equity Ratio
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