We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.01 | 0.08% | 12.45 | 12.17 | 12.47 | 12.47 | 12.21 | 12.40 | 5,550 | 20:18:09 |
From Mar 2020 to Mar 2025
By Olivia Bugault
OMV AG said Thursday that its subsidiary Borealis has received a binding takeover offer for its nitrogen business from fertilizer producer EuroChem.
The offer values Borealis's nitrogen business--which includes fertilizer, melamine and technical nitrogen products--at 455 million euros ($514.4 million) based on an enterprise value, OMV said.
"The transaction would significantly enhance EuroChem's nitrogen business in Europe, adding production assets in Austria, Germany and France as well as adding a comprehensive sales and distribution network utilizing the Danube river," OMV said.
The transaction should close during the second half of the year, the company said.
OMV owns 75% of Borealis, with the remaining 25% held by a holding company of Abu-Dhabi-based and state-owned investment firm Mubadala.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
February 03, 2022 02:15 ET (07:15 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
1 Year Omv Ag Bearer (PK) Chart |
1 Month Omv Ag Bearer (PK) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
