- (PLX AI) - OMV says Borealis received a binding offer from EuroChem for the acquisition of Borealis' fertilizer, melamine and technical nitrogen business.
- • OMV says Borealis offer values the business on an enterprise value basis at EUR 455 million
- • Borealis will initiate mandatory information and consultation procedures with employee representatives shortly
- • The transaction is also subject to certain closing conditions and regulatory approvals, with closing expected for the second half of 2022
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