UAE's Adnoc Aims to Buy Nova Chemicals, Roll Into Deal With OMV [Yahoo! Finance]
OMV AG BEARER SHS S/ADR (OMVKY)
NASDAQ:AMEX Investor Relations:
omvpetrom.com/portal/01/petromcom/petromcom/omv_petrom/investor_relations/omv-petrom-shares-gdrs/shareholding-and-stock-listing-history/!ut/p/b0/04_sj9cpykssy0xplmnmz0vmafgjzoin_e0tar0cny1cddw9pxw93hwndsbapzg1t78g21erac3xr1e!
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Source: Yahoo! Finance
In This Article OMV.VI (Bloomberg) -- Abu Dhabi National Oil Co. and energy producer OMV AG are considering buying Canada's Nova Chemicals Corp. and rolling it into an industry giant they're seeking to create by merging two companies in which they have cross shareholdings. Most Read from Bloomberg How the 2025 Catholic Jubilee Is Reshaping Rome Trump Paves the Way to Deputize Local Police on Immigration When French Communists Went on a Brutalist Building Boom Historic London Elevator Faces Last Stop in Labour's Housing Push Manhattan's Morning Commute Time Drops With New Congestion Toll The government-owned company in the United Arab Emirates and the Austrian energy producer are in “constructive and positive” talks about a merger of two chemical units in which they're both partners, Adnoc said in a statement on Saturday. The deal would create a chemical producer potentially valued at more than $30 billion. Adnoc and OMV said they're in talks with the Abu Dhabi sov
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- OMV (OTCMKTS:OMVKY) was downgraded by analysts at Zacks Research from a "strong-buy" rating to a "hold" rating.MarketBeat
- OMV (OTCMKTS:OMVKY) had its "underweight" rating reaffirmed by analysts at Barclays PLC.MarketBeat
- OMV (OTCMKTS:OMVKY) was downgraded by analysts at Berenberg Bank from a "strong-buy" rating to a "hold" rating.MarketBeat
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