Your email has been successfully added to our mailing list.

×
0 0 0 -0.00933997509339966 -0.00529265255292647 -0.00529265255292647 -0.00529265255292647 -0.0161892901618928
Stock impact report

CORRECTED-UPDATE 1-OMV to strengthen its sway in the Middle East by raising Borealis stake [Reuters (UK)]

OMV AG BEARER SHS S/ADR (OMVKY) 
Company Research Source: Reuters
CORRECTED-UPDATE 1-OMV to strengthen its sway in the Middle East by raising Borealis stake - Reuters 2 Min Read (Corrects paragraph 2 to remove reference to plant being offshore) VIENNA, March 11 (Reuters) - Austrian oil group OMV has agreed terms for the $4.7 billion acquisition of an additional 39% stake in plastics maker Borealis from Abu Dhabi state investor Mubadala, it said on Wednesday. The deal, which is subject to corporate and other approvals, would be a major step forward in OMV’s strategy of expanding its petrochemical business in the Middle East, as the Borealis majority would give it more say in a key project on the Abu Dhabi coast. Borealis is the part-operator, via its Borouge joint venture with the Abu Dhabi National Oil (ADNOC), of the Ruwais refinery 240 km (150 miles) west of Abu Dhabi, which ADNOC plans to develop into the world’s largest integrated refinery and petrochemicals plant. The expansion is part of a plan by the United Arab Emirates to establish itself a Show less Read more
Impact Snapshot
Event Time:
OMVKY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for OMVKY alerts
Opt-in for
OMVKY alerts

from News Quantified
Opt-in for
OMVKY alerts

from News Quantified