Brief: Orascom Construction And OCI Global Pursue Strategic Combination For Global Platform

OCI

22/09/2025 05:17

Sept 22 (Reuters) - ORASCOM CONSTRUCTION PLC ORAS.CA:

ORASCOM CONSTRUCTION - OCI GLOBAL AND ORASCOM CONSTRUCTION PURSUING STRATEGIC COMBINATION

ORASCOM CONSTRUCTION - STRATEGIC COMBINATION TO CREATE GLOBAL INFRASTRUCTURE AND INVESTMENT PLATFORM

ORASCOM CONSTRUCTION - PLATFORM WILL FACILITATE INVESTMENT IN LARGE-SCALE INFRASTRUCTURE OPPORTUNITIES THROUGH MULTIPLE CHANNELS

OCI AND ORASCOM CONSTRUCTION ARE EXPLORING STRUCTURE WHEREBY ORASCOM CONSTRUCTION WOULD BE ACQUIRING ADGM-INCORPORATED AND ADX-PRIMARY LISTED ENTITY

SUBJECT TO ONGOING NEGOTIATIONS, OCI SHAREHOLDERS WOULD RECEIVE NEW ORASCOM CONSTRUCTION SHARES AT A RATIO TO BE DETERMINED FOLLOWING DUE DILIGENCE AND VALUATION

OCI WOULD THEN SUBSEQUENTLY BE LIQUIDATED AND DELISTED FROM EURONEXT AMSTERDAM

Further company coverage: ORAS.CA

 ((Reuters.Briefs@thomsonreuters.com;))