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OMV-ADNOC In Talks To Create Over $30B Chemicals & Plastics Firm: Report

Benzinga

Austria's OMV AG (OTCPK: OMVKY) (OTCPK: OMVJF) is in talks with Abu Dhabi National Oil Co. ADNOC) to combine the companies, Borouge Plc and Borealis AG, to form a chemicals and plastics company worth over $30 billion.

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Abu Dhabi's Oil Biz To Acquire 24.9% Stake In Austria's OMV

Law 360 M&A

interest in Austria's OMV AG from an Emirati sovereign wealth fund in a deal worth €3.9 billion), the companies said on Wednesday. State-owned Abu Dhabi National Oil Co. will buy a 24.9% billion ($4.1

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