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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.05 | -0.50% | 9.97 | 9.87 | 10.01 | 10.01 | 9.87 | 9.95 | 34,810 | 21:09:56 |
From Dec 2022 to Dec 2024
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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