OMV and Mubadala agree on payment of the purchase price for the additional 39% share in Borealis in tranches
(World News Austria)

OMV and Mubadala agree on payment of the purchase price for the additional 39% share in Borealis in tranches OMV, the international integrated oil and gas company headquartered in Vienna, and Mubadala Investment Company, the Abu Dhabi-based strategic investment company, signed today an amendment agreement to the share purchase agreement for the acquisition of the additional 39% share in Borealis AG (Borealis) concluded between OMV and Mubadala on March 12, 2020. The amendment agreement provides for the purchase price to be paid by OMV in two tranches: USD 2.34 bn at closing of the transaction and USD 2.34 bn no later than December 31, 2021 at a market interest rate from...