ADNOC and OMV have also agreed that upon completion of the Combination, Borouge Group International will acquire Nova for $13.4 billion including debt, further expanding its footprint in North America ...

Abu Dhabi's Adnoc and Austria's OMV reached an agreement to combine their petrochemical businesses and subsequently acquire Canada's Nova Chemicals to form a giant with a combined value of about ...

Abu Dhabi National Oil Co. and OMV AG will merge their units Borealis AG with Abu Dhabi-listed Borouge Plc, capping almost two years of negotiations. The deal, one of the biggest globally in the ...

UAE’s ADNOC and Austria-based OMV have finalized key terms to merge their polyolefins businesses, forming a $60 billion global chemicals giant, according to a statement. The deal, nearly two ...

One of the latest amalgamations involves The Abu Dhabi National Oil Company (ADNOC) and Austrian multinational integrated oil, gas and petrochemical giant OMV, who are merging to form a US$60bn global ...

Austria’s OMV and Abu Dhabi’s ADNOC have struck a deal to combine their polyolefins business, creating a $60-billion major in the space, ADNOC said in a statement. The new company will be the ...

OMV, ADNOC to merge polyolefins businesses Borouge and Borealis New entity, ‍Borouge Group International, will acquire Nova Chemicals for $13.4 billion ADNOC and OMV to have equal share in ...