The latest update is out from OMV AG ( (DE:OMV) ).
OMV AG, a leading energy company, has received approval from its Supervisory Board for agreements with ADNOC to combine Borealis, Borouge, and NOVA Chemicals into a new joint venture, Borouge Group International. This strategic move, pending further approvals and negotiations, aims to strengthen OMV’s position in the chemicals sector and enhance its collaborative efforts with ADNOC, potentially impacting market dynamics and stakeholder interests.
More about OMV AG
YTD Price Performance: 18.79%
Average Trading Volume: 17,169
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €14.43B
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