OMV will not participate in OMV Petrom secondary public offering
Thursday, May 5, 2011
OMV, the leading energy Group in Central and Southeastern Europe, herewith announces its decision not to participate in the OMV Petrom S.A. secondary public offering which is expected to happen in the coming months. The Ministry of Economy, Trade and Business Environment, which is acting on behalf of the Romanian state, has the plan to sell a 9.84% stake via the Bucharest Stock Exchange.As a 51% owner of OMV Petrom S.A., OMV has already control of the company and an increase in the ...