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OMVKY Omv Ag Bearer (PK)

10.2548
0.2248 (2.24%)
17 Jan 2025 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Omv Ag Bearer (PK) USOTC:OMVKY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.2248 2.24% 10.2548 10.06 10.32 10.2724 10.103 10.18 5,806 21:01:36

OMV Looks to Sell Exploration and Production Assets in Asia-Pacific

27/02/2023 6:37pm

Dow Jones News


Omv Ag Bearer (PK) (USOTC:OMVKY)
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By Mauro Orru

 

OMV AG is looking into the possibilities of selling its exploration and production assets in the Asia-Pacific.

The Austrian oil-and-gas company said Monday that it had launched a sales process for the potential divestment of its 50% stake in SapuraOMV Upstream Sdn. Bhd. in Malaysia, and 100% of OMV New Zealand Limited.

OMV said it would ask interested parties to initially submit expressions of interest, followed by binding offers at a later stage. However, the company said a potential sale would be subject to the approval of its supervisory board and relevant governmental authorities.

 

Write to Mauro Orru at mauro.orru@wsj.com

 

(END) Dow Jones Newswires

February 27, 2023 13:22 ET (18:22 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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