OMV Sells 56 Gas Stations to PKN Orlen

OMV Sells 56 Gas Stations to PKN Orlen / Picture: © Wikimedia Commons / Mgr.Ing. Jozef Kotulič [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)]

OMV has decided on a new buyer, since the time of conclusion of the Federal Cartel Authority’s objection to the acquisition of the service stations by TOTAL was not foreseeable. The transaction still requires approval by the Federal Cartel Authority. Orlen intends to continue operating the stations under its own brand. Both parties made an agreement of non-disclosure of the purchase…