# ADNOC agrees to acquire Mubadala's 25% stake in Borealis

ADNOC has entered an agreement to purchase Mubadala Investment Co.'s entire 25% interest in Borealis AG, becoming co-owner alongside OMV AG (75%). The transaction is subject to regulatory approvals.

- Type: Acquisition
- Announced: 2022-05-03
- Where: Austria
- Status: announced
- Products: base chemicals, fertilizers, recycled plastics
- 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) (partner)
- [ADNOC](https://endata.com/companies/2481.md) (acquirer)
- [Mubadala Investment Company](https://endata.com/companies/5162.md) (target)

## Sources

- [ogj.com](https://www.ogj.com/refining-processing/article/14275893/adnoc-inks-deal-for-stake-in-borealis), 2022-05-03: "The proposed transaction comes as part of ADNOC’s broader program to expand its international footprint in the growing chemicals and petrochemical sector."

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