OMV: Market Predicts Capital Increase

Businessn.a. ♦ 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: © Wikimedia Commons / DanielZanetti [CC BY 3.0 (]

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…