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OMV Deal: Many Questions Without Answer
Not only the extent of the takeover is unknown, but also how it will be financed.
OMV Deal: Many Questions Without Answer / Picture: © Wikimedia Commons / Mgr.Ing. Jozef Kotulič [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)]
It is also doubtful from where OMV will take the financial resources necessary to pay for the 54.17% stake in the Turkish Petrol Ofisi. A sale price of about one billion euro is expected. However, since OMV does want nothing to do with leverage, a capital increase will be necessary. The reason is the rating OMV wants to keep. The state, however, which holds 31.5% of OMV, would not…
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