ADNOC and Borealis will list shares of Borouge at $0.67 per share, as part of its initial public offering
Borealis
ADNOC acquires 25% stake in Borealis from Mubadala
The purchase will help ADNOC position itself as a global petrochemical player, the company said
Abu Dhabi National Oil Company (ADNOC) announced Friday that it would be acquiring a 25% stake in European petrochemical firm Borealis AG from the Mubadala Investment Company. The financial details of the transaction were not disclosed. Upon completion of the transaction, which is subject to customary closing conditions and regulatory approvals, Borealis will be owned […]
OMV and Mubadala complete $4.68 billion Borealis deal
OMV acquired additional 39% stake from Mubadala, increasing its shareholding in Borealis to 75%
OMV and Mubadala negotiating acquisition of an additional 39% share in Borealis
The potential transaction would increase OMV’s current shareholding in Borealis from 36% to 75%
ADNOC seeks Chinese alliances to triple petrochemicals production by 2025
The meetings focused on expanding and deepening investment and partnership opportunities across ADNOC’s integrated upstream and downstream value chain, during a visit to Beijing.
Borlink launched in Asia
Borlink offers a portfolio of polyethylene (XLPE) compounds globally