3 May 2024
OMV forgets merger with Verbund and concentrates on 2010 strategy
Publication date: 11 October 2006
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OMV has confirmed that it is no longer pursuing a merger with Austrian power generation company Verbund, but did not rule out future cooperation between the two companies. It said that although the merger, which was proposed in May, would not materialise, the pair could work together on the construction of gas-fuelled power plants.