ÖBAG: Statement Regarding Mubadala’s Plan to Transfer OMV Stake to Adnoc

Österreichische Beteiligungs AG (ÖBAG) was informed that Abu Dhabi National Oil Company (Adnoc) plans to take over the 24.9% stake in OMV from Mubadala Investment Company, subject to regulatory approvals.
 
Since 1994, ÖBAG and Mubadala have had a trustful and constructive cooperation, which has led to OMV’s development into a corporation of international standing. Should all regulatory approvals be granted, Adnoc would become a long-term oriented, strategic partner in all of OMV’s areas of business. ÖBAG’s long-term strategic goals of increasing the value of OMV and further Austria’s economic interests remain unchanged.