OMV and Mubadala Amend SPA for Proposed Purchase by OMV of Further Borealis Stake

摘要

Vienna— OMV and Mubadala Investment Co. signed an amended agreement to their share purchase agreement (SPA) for OMV's planned acquisition of an additional 39% stake in Borealis from Mubadala (PCN, 16 Mar 2020, p 1). Earlier this month, the parties signed an agreement that will give OMV a controlling stake in Borealis. OMV currently owns a 36% stake, with completion of the transaction its interest will increase to 75%. Mubadala will retain a 25% stake. Subject to approvals by relevant authorities, the transaction is expected to close by the end of this year.