Middle East Economic Survey
OMV In Talks With Dogan Holding For Petrol Ofisi Shares
Austrias OMV on 20 October announced that it is engaged in detailed negotiations with Turkeys Dogan Holding regarding the potential acquisition of Dogans stake in Petrol Ofisi, Turkeys largest retail products company. OMV first acquired a 34% stake in Petrol Ofisi in 2006 and later increased its shareholding to 41.58%. Dogan Holdings owns 54.17% of the retailer. OMV said...