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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Wright Reports
Provider: GlobalData

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Oci NV Receives Final Regulatory Approval to Launch Tender Offer for Orascom Construction Industries SAE

Tuesday, 25 Jun 2013 10:30am EDT 

Oci NV announced that it has received approval from the Egyptian Financial Supervisory Authority (EFSA) to launch its proposed tender offer for Orascom Construction Industries SAE's outstanding ordinary shares listed on the Egyptian Stock Exchange (EGX). OCI NV will offer all shareholders of Orascom Construction Industries SAE an Exchange Offer to convert in to OCI NV as well as a cash alternative of EGP 255 per share. The offer will launch on June 27, 2013 and will conclude on July 28, 2013. 

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5.72 +1.79%
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