After failed takeover in Hungary, OMV again up to something?
posted on
Apr 21, 2009 05:21AM
After failed takeover in Hungary, OMV again up to something?
http://www.portfolio.hu/en/cikkek.td...
Tuesday, April 21, 2009 02:07:00 PM
In contrast with earlier plans for a EUR 750 billion bond issue, Austrian oil company OMV is now gearing up for a EUR 1 billion issue next week. In addition, the company is seeking shareholder approval of a EUR 2 billion convertible bond issue. Following the failed MOL acquisition, OMV's efforts to line up new capital on such a high scale suggest that another acquisition story in the making.
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