Nova Chemicals will cost the new entity $13.4 billion including debt. OMV will inject 1.6 billion euros ($1.68 billion) in ...

Once complete, ADNOC's stake in Borouge Group will be transferred to XRG, the state oil firm's new international investment arm, ADNOC said. ($1 = 0.9545 euros) ...

OMV will inject 1.6 billion euros ($1.68 billion) in cash into the business to put its shareholding on par with Adnoc, they said. Each of Adnoc and OMV will hold a 46.94% stake in the resulting ...

ADNOC and OMV would each own 46.94 percent of the JV. The remaining 6.12 percent is to be held by public float on the Abu Dhabi exchange, with plans for later listing on the Vienna bourse.

ADNOC and OMV have also agreed that upon completion of the Combination, Borouge Group International will acquire Nova for $13.4 billion including debt, further expanding its footprint in North America ...

ADNOC would combine Nova with Borealis and Borouge, creating a firm with nearly $17 billion in sales, based on 2023 results. Chemical & Engineering News ISSN 0009-2347 ...

OMV will inject 1.6 billion euros ($1.68 billion) in cash into the business to put its shareholding on par with Adnoc, they said. Subsequently, Adnoc and OMV will both hold 46.94% stakes in ...

OMV, ADNOC to merge polyolefins businesses Borouge and Borealis; New entity, ‍Borouge Group International, will acquire Nova Chemicals for $13.4 billion ...

Abu Dhabi National Oil Co. and Austria's OMV will merge their polyolefin businesses to create a chemicals powerhouse with a $60 billion enterprise value, as the Gulf state oil company ...

Once complete, ADNOC’s stake in Borouge Group will be transferred to XRG, the state oil firm’s new international investment arm, ADNOC said. ($1 = 0.9545 euros) ADNOC and OMV to merge ...

Abu Dhabi’s Adnoc and Austria’s OMV reached an agreement to combine their petrochemical businesses and subsequently acquire Canada’s Nova Chemicals to form a giant with a combined value of ...