EANS-Adhoc: OMV Aktiengesellschaft
OMV Supervisory Board approves acquisition of an additional 39% share in Borealis by OMV
-------------------------------------------------------------------------------- Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- No Keyword 11.03.2020 Vienna - Today, the Supervisory Board of OMV has approved the acquisition of an additional 39% share in Borealis AG (Borealis) from Mubadala for a purchase price of USD 4.68 bn, whereby OMV is entitled to all dividends in relation to such additional share in Borealis distributed after December 31, 2019. The signing is expected to take place during the course of tomorrow. The implementation of the transaction is, inter alia, subject to approvals by authorities (such as merger control clearances). The transaction is anticipated to close until end of 2020. Further inquiry note: OMV Aktiengesellschaft Andreas Rinofner, Public Relations Tel.: +43 (1) 40 440-21357; e-mail: public.relations@omv.com Florian Greger, Investor Relations Tel.: +43 (1) 40 440-21600; e-mail: investor.relations@omv.com end of announcement euro adhoc --------------------------------------------------------------------------------
issuer: OMV Aktiengesellschaft
Trabrennstraße 6-8
A-1020 Wien
phone: +43 1 40440/21600
FAX: +43 1 40440/621600
mail: investor.relations@omv.com
WWW: http://www.omv.com
ISIN: AT0000743059
indexes: ATX
stockmarkets: Wien
language: English
Original content of: OMV Aktiengesellschaft, transmitted by news aktuell