Merger talks between ADNOC's chemicals arm and OMV stall due to disagreements over merged unit name.

Talks over a planned $30bn merger between ADNOC's chemicals arm and Austria's OMV have stalled due to disagreements. The negotiations have paused while the parties navigate disagreements surrounding the name of the merged unit in the final deal announcement. Despite the current impasse, there is still a possibility that discussions will resume, leading to a successful merger.