2024-02-07 03:27:13 ET
Summary
- OMV AG will pay around 12.5% dividend with almost no net debt.
- The Borealis and Borouge merger will create a EUR 30 billion global leader in the polyolefin business and be a catalyst for the share price of OMV AG.
- The 47% share (approx. EUR 14.1 billion) in the joint chemicals company alone will be worth more than OMV AG (EUR 13.21 billion) itself.
Editor's note: Seeking Alpha is proud to welcome Georgi Dantchev as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more »
Introduction
Read the full article on Seeking Alpha
For further details see:
OMV AG: A 12.5% Dividend With Almost No Net Debt And A Major Catalyst