News
26 February 2024

ADNOC's $30bn chemicals tie-up with OMV stalls

In:
Chemicals/Petrochemicals
Region:
Middle East & Africa, Europe

Talks related to a planned $30 billion merger between the chemicals arms of ADNOC and Austrian oil and gas company OMV have reportedly stalled in recent weeks.The parties halted negotiations to navigate a series of disagreements, which include the name of the merged unit, the Financial Times report...

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