Rainer Seele
Rainer Seele,CEO,OMV
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Austrian company OMV made headlines when it completed its deal with Mubadala to purchase an additional 39% stake in Borealis, a global chemical company. OMV now holds a 75% interest in the company, with Mubadala holding the remaining 25%. The deal was valued at around $4.68 billion, and Rainer Seele called the deal a strategic move towards “higher value chemical products and recycling, therefore repositioning the group for a lower carbon future.”
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