OMV Closes Purchase of 40% Stake in Smatrics

By Alberto DelclauxFeaturesDow Jones Newswires

Austria's OMV AG (OMV.VI) said Wednesday that it closed the purchase of a 40% stake Smatrics, which provides charging stations for electric cars.

The remaining shares in Smatrics are held by Verbund AG (VER.VI) with 40% and Siemens AG (SIE.XE) with 20%, OMV said.

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(END) Dow Jones Newswires

December 06, 2017 07:00 ET (12:00 GMT)