Brief: OCI Global Completes Sale Of Majority Stake In Fertiglobe To ADNOC

OCI

15/10/2024 13:45

Oct 15 (Reuters) - OCI NV  OCI.AS :
    * OCI GLOBAL COMPLETES SALE OF MAJORITY STAKE IN FERTIGLOBE
TO
ADNOC
    * TRANSACTION WAS VALUED AT USD 3.62 BILLION ON A CASH-FREE
DEBT-FREE BASIS
    * AHMED EL-HOSHY RE-APPOINTED CEO OF FERTIGLOBE
    * COMPLETES SALE OF 50% STAKE IN FERTIGLOBE TO ADNOC
    * ADNOC'S SHAREHOLDING IN FERTIGLOBE INCREASES TO 86.2%

Source text for Eikon:  ID:nCNW3vBqGa 
Further company coverage:  OCI.AS 

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