Finance

OMV gives Jadestone more time to wrap up New Zealand acquisition

Long stop date pushed back to next year after both parties take into account upcoming New Zealand election potentially delaying final government approval

New Zealand: Jadestone and OMV took into consideration the upcoming general election when agreeing to extend the long stop date for Jadestone to complete its acquisition of OMV's stake in the Maari project
New Zealand: Jadestone and OMV took into consideration the upcoming general election when agreeing to extend the long stop date for Jadestone to complete its acquisition of OMV's stake in the Maari projectPhoto: AFP/SCANPIX
Perth
OMVNew ZealandJadestone EnergyHorizon OilCue Energy Resources
Published 25 September 2020, 07:15Updated 25 September 2020, 07:15