Scandinavian Oil-Gas Magazine

http://www.scandoil.com/moxie-bm2/by_province/middle_east/omv-initiates-process-to-sell-omv-petrol-ofisi.shtml

OMV initiates process to sell OMV Petrol Ofisi

OMV initiates a process to sell up to 100% of its wholly owned subsidiary OMV Petrol Ofisi A. S., a company in the Turkish oil products retail and wholesale market.

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OMV initiates a process to sell up to 100% of its wholly owned subsidiary OMV Petrol Ofisi A. S., a company in the Turkish oil products retail and wholesale market.

OMV is currently selecting its advisors to support the potential transaction and the structuring of the envisaged process. A potential transaction is aimed at optimizing OMV’s integrated portfolio in a challenging market environment.

Tags: OMV