# OMV acquires additional 39% stake in Borealis from Mubadala for $4.68B

OMV completed the acquisition of an additional 39% stake in Borealis from Mubadala Investment Company for $4.68 billion. OMV now holds 75% of Borealis, while Mubadala retains 25%.

- Type: Acquisition
- Announced: 2020-10-30
- Where: Austria
- Value: $4.68B
- Status: completed
- Products: polyethylene, polypropylene
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Borealis](https://endata.com/companies/242.md) (target)
- [OMV S.p.A.](https://endata.com/companies/1004.md) (acquirer)
- [Mubadala Investment Company](https://endata.com/companies/5162.md) (target)

## Sources

- [english.aawsat.com](https://english.aawsat.com/home/article/2594881/mubadala-omv-seal-468b-borealis-stake-deal), 2020-10-30: "We are thus establishing an integrated and sustainable business model extending OMV's value chain towards higher value chemical products and recycling."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.