Dogan Holding, OMV refute breakup report

Bloomberg

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The report was published yesterday in the daily Habertürk, which claimed negotiations were halted after Doğan asked for a higher price than the market value of its 52 percent stake in Petrol Ofisi. Doğan, in return, offered to buy OMV’s 34 percent stake, Habertürk claimed.

There has been no such decision by Doğan’s board for the sale or purchase of a stake in Petrol Ofisi, Özge Maraşlı, a spokeswoman for Doğan, said in a telephone interview yesterday. OMV also said it was not involved in talks with Doğan to end its partnership over Petrol Ofisi. Reports that OMV is willing to sell its stake are "baseless" and "false," OMV Chief Executive Officer Wolfgang Ruttenstorfer said at a briefing in Vienna yesterday.

Daily News is a Doğan Media Group publication.