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OMV: Market Predicts Capital Increase

Published: January 7, 2011; 15:49 · (Vindobona)

Due to acquisitions and the rating situation, analysts expect a capital increase of Austria's energy group.

OMV: Market Predicts Capital Increase / Picture: © OMV AG

Since the acquisition of the Tunisian exploration and production business Pioneer Natural Resources, it is clear to analysts that OMV must and will pursue a capital increase.

After all, OMV acquired in December the Turkish Petrol Ofisi for € 1.0bn. Within a short time, € 1.7bn was invested in the growth of the Group. The acquisitions have been financed so far by the…

This article includes a total of 201 words.

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