IPIC Increases OMV Stake

Posted on 10/18/2011


More and more sovereign investors are seeing value investing directly into European companies.  Abu Dhabi’s International Petroleum Investment Company (IPIC) increased its stake in OMV Aktiengesellschaft from 20.4% to 24.9%. IPIC now holds 81,490,900 shares. The IPIC is an active investor in energy companies and a long-term investor in OMV. In fact, IPIC has invested […]

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