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0.0181983621474068 0.0181983621474068 0.0181983621474068 0.0181983621474068 0.0181983621474068 0.0303912647861692 0.0336669699727025 0.0309372156505914
Stock impact report

UAE's Adnoc and OMV Agree to Form $60 Billion Chemical Giant [Yahoo! Finance]

OMV AG BEARER SHS S/ADR (OMVKY) 
Company Research Source: Yahoo! Finance
billion, enhancing their positions in an industry they expect will continue to grow in the energy transition. Most Read from Bloomberg Cuts to Section 8 Housing Assistance Loom Amid HUD Uncertainty How Upzoning in Cambridge Broke the YIMBY Mold Remembering the Landscape Architect Who Embraced the City NYC Office Buildings See Resurgence as Investors Pile Into Bonds Hong Kong Joins Global Stadium Race With New $4 Billion Sports Park Abu Dhabi National Oil Co. and OMV AG will merge their units Borealis AG with Abu Dhabi-listed Borouge Plc, capping almost two years of negotiations. The deal will also include the joint purchase of Nova Chemicals from Abu Dhabi sovereign fund Mubadala Investment Co. for $13.4 billion, including debt, Adnoc said in a statement. The agreement is Adnoc's latest big-ticket push into chemicals after it agreed to buy Germany's Covestro AG last year for nearly $13 billion, the largest Middle Eastern acquisition of a European firm at the time. Whil Show less Read more
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