Postponement of the Annual General Meeting of OMV Aktiengesellschaft to September 29, 2020
The Executive Board of OMV Aktiengesellschaft has decided to postpone the Annual General Meeting scheduled for May 19, 2020 in Vienna to September 29, 2020. This decision was made in view of the measures taken by the Austrian Federal Government to ...
OMV decides on action plan to safeguard financial strength
Reduce organic investments by around EUR 500 mn to below EUR 2 bn in 2020 Cut costs by around EUR 200 mn Pay for Borealis acquisition in two tranches: more than EUR 2 bn not due until end of 2021 Postpone EUR 1.5 bn-worth of projects to ...
OMV and Mubadala agree on payment of the purchase price for the additional 39% share in Borealis in tranches
OMV, the international integrated oil and gas company headquartered in Vienna, and Mubadala Investment Company, the Abu Dhabi-based strategic investment company, signed today an amendment agreement to the share purchase agreement for the acquisition ...