EUROPE - COMPANIES Oman Oil Company acquire stake in Mol to fend off OMV

摘要

In a move specifically designed to stave off a takeover approach by Austria's OMV, the Hungarian oil and gas company MOL has announced that it will sell 8% of the company to Oman Oil Co (OOC). “We welcome our new strategic shareholder, who will contribute with its assets, extensive business relationships and profound business and technological know-how to create further shareholder value in line with our stated independent strategy,” MOL chairman and CEO Zsolt Hernádi said in a statement.