Insiderinformation: Binding offer for the acquisition of a 51% stake in Gas Connect Austria GmbH
15.06.2020Vienna
On 12 March 2020, VERBUND AG (“VERBUND”) issued insider information announcing that VERBUND was examining the financial and strategic aspects of a possible acquisition of OMV’s 51% stake in Gas Connect Austria GmbH.
After examining the
proposal, the Executive Board of VERBUND has today decided to submit a binding
offer to OMV for the acquisition of its 51% stake in Gas Connect Austria GmbH.
The offer is subject to agreement between VERBUND and OMV on the transaction
contracts and the approval of the Supervisory Board. The
offer is otherwise confidential.
