OMV: No Increase in Share on Petrom
Published: April 27, 2011; 06:20 · (Vindobona)
The Austrian energy company OMV will not participate in OMV Petrom secondary public offering.
OMV: No Increase in Share on Petrom / Picture: © Wikimedia Commons / Priwo [Public Domain]
The Romanian state intends to sell a 9.84% stake of OMV Petrom via the stock exchange. OMV, as owner of a 51% stake in OMV Petrom, decided not to take part in this process, i.e. not to submit a bid for the available stake
OMV, an Austrian energy Group operating in Central and Southeastern Europe, announced its decision not to participate in the OMV Petrom S.A. secondary public…
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