OMV to Become Majority Owner of Plastics Maker Borealis
Posted on 03/12/2020
Mubadala Investment Company, through its holding company, owns 64% of plastics maker Borealis, with the remaining 36% belonging to Austria-based OMV, an integrated, international oil and gas company. OMV signed a deal to buy an additional 39% share in Borealis for US$ 4.68 billion. Once the deal is complete, OMV will own a 75% interest […]