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Wednesday, November 18, 2009

Austria's OMV drops Petrol Ofisi takeover plan | Deals | Mergers & Acquisitions | Reuters

"Austria's OMV drops Petrol Ofisi takeover plan

VIENNA, Nov 18 (Reuters) - Austrian energy group OMV (OMVV.VI) has dropped its plan to take full control of Petrol Ofisi (PTOFS.IS) after warning that a row between the Turkish group's owner and local authorities could delay such a deal."

More:UPDATE 2-Austria's OMV drops Petrol Ofisi takeover plan | Deals | Mergers & Acquisitions | Reuters