OMV Plans Complete Takeover of Petrol Ofisi

Business › n.a. ♦ Published: October 20, 2010; 22:46 ♦ (Vindobona)

OMV and Doğan Holding are in detailed negotiations regarding an acquisition of Dogan Holding’s stake in Petrol Ofisi by OMV

OMV Plans Complete Takeover of Petrol Ofisi / Picture: © Wikimedia Commons / DanielZanetti [CC BY 3.0 (https://creativecommons.org/licenses/by/3.0)]

OMV, Austria´s largest producer of fuel, is in detailed negotiations with Turkish company Doğan Holding regarding a potential acquisition of Doğan Holding’s stake in Petrol Ofisi by OMV. Petrol Ofisi is Turkey's leading refined oil products marketing company, active both in retail and commercial business.

Prior negotiations between OMV and Dogan Holding which had been…

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