IPIC Increases OMV Stake
Posted on 10/18/2011
More and more sovereign investors are seeing value investing directly into European companies. Abu Dhabi’s International Petroleum Investment Company (IPIC) increased its stake in OMV Aktiengesellschaft from 20.4% to 24.9%. IPIC now holds 81,490,900 shares. The IPIC is an active investor in energy companies and a long-term investor in OMV. In fact, IPIC has invested […]