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OMV To Sell $1.3B Shares For CapHike

Austrian oil and gas company, OMV, is seeking to sell $1.3 billion shares and also offload hybrid notes to raise capital.

    Austrian oil and gas company,OMV, is seeking to sell $1.3 billion shares and also offload hybrid notes to raise capital,The Wall Street Journal报告。该公司试图use the proceeds to fund the acquisitions of a stake in Turkish refiner,Petrol Ofisi, and two Tunisian exploration and production subsidiaries fromPioneer Natural Resources.

    The company’s majority shareholder,Oesterreichische Industrie, will participate in the capital increase, to maintain its controlling stake of over 30%, addsReuters.Bank of America Merrill Lynch,Barclays Capital,Deutsche Bank,JP MorganandUniCreditwill be the joint global coordinators and joint bookrunners in the capital increase program.

    Click here for the story fromThe Wall Street Journal.

    Click here for additional coverage fromReuters.

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