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OMV sells 50% stake in Malaysian joint venture to TotalEnergies for $903M, including $350M loan repayment.
OMV and TotalEnergies have agreed on a deal in which OMV will sell its 50% stake in their Malaysian joint venture for $903 million.
The deal also includes the repayment of an outstanding $350 million loan granted by OMV to the joint venture.
The transaction is expected to close around the end of the second quarter.
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OMV vende el 50% de su participación en la empresa conjunta de Malasia a TotalEnergies por 903 millones de dólares, incluido el reembolso del préstamo de 350 millones de dólares.