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Wednesday, August 05, 2009

OMV in $1.2 billion takeover talks on Petrol Ofisi

"OMV in $1.2 billion takeover talks on Petrol Ofisi
Wed Aug 5, 2009 8:32am EDT

By Boris Groendahl and Thomas Grove

VIENNA/ISTANBUL (Reuters) - Austrian energy group OMV (OMVV.VI) is in talks to take control of Turkish fuel retailer Petrol Ofisi (PTOFS.IS) from embattled Dogan Holding (DOHOL.IS) as it tries to move into emerging markets, it said on Wednesday."

More:OMV in $1.2 billion takeover talks on Petrol Ofisi | Deals | Reuters