OMV agrees to sell Turkish unit Petrol Ofisi to Vitol for $1.45 billion

Austrian energy group OMV (OMVV.VI) said it agreed to sell its Turkish fuel supply and distribution unit Petrol Ofisi to Vitol Investment Partnership, managed by the Swiss-based commodities firm Vitol VITOLV.UL, for 1.37 billion euros ($1.45 billion).

Sourced through Scoop.it from: www.reuters.com

Specialist Legal advice for Mergers & Acquisitions in the Energy sector Turkey

Source: https://turkishmergersandacquisitions.wordpress.com/2017/03/06/omv-agrees-to-sell-turkish-unit-petrol-ofisi-to-vitol-for-1-45-billion/