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Thursday, October 21, 2010

Austrian OMV eyes majority in Turkish Petrol Ofisi | TradingMarkets.com

"Austrian OMV eyes majority in Turkish Petrol Ofisi
Posted on: Thu, 21 Oct 2010 02:50:48 EDT

Austrian energy group OMV (WBAG:OMV) said yesterday it is negotiating the acquisition of a 54.17% stake in Turkish oil refiner and supplier Petrol Ofisi AS (IST:PTOFS) from Dogan Holding (IST:DOHOL). The two companies were in talks also last year but did not manage to strike a deal."

More:Austrian OMV eyes majority in Turkish Petrol Ofisi | TradingMarkets.com