OMV initiates process to sell OMV Petrol Ofisi

Further important step in OMV´s strategy of focusing on upstream and integrated downstream business activities
OMV announces to initiate a process to sell up to 100% of its wholly owned subsidiary OMV Petrol Ofisi A. S., a leading company in the Turkish oil products retail and wholesale market.
OMV is currently selecting its advisors to support the potential transaction and the structuring of the envisaged process.
A potential transaction is aimed at optimizing OMV’s integrated portfolio in a challenging market environment.
Source: OMV
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