Brief: Orascom Construction And OCI Global Reach Deal To Combine To Create Global Infrastructure, Investment Platform
Dec 9 (Reuters) - ORASCOM CONSTRUCTION PLC ORAS.CA: OC AND OCI GLOBAL ANNOUNCE AGREEMENT TO COMBINE TO CREATE A GLOBAL INFRASTRUCTURE AND INVESTMENT PLATFORM EXCHANGE RATIO OF 0.4634 ORASCOM CONSTRUCTION SHARES PER OCI SHARE NASSEF SAWIRIS WILL SERVE AS NON-EXECUTIVE CHAIR OF THE COMBINED ENTITY UPON CLOSING, COMBINATION TO BE RENAMED “ORASCOM” WITH THREE COMPLEMENTARY STRATEGIC PILLARS Further company coverage: ORAS.CA ((Reuters.Briefs@thomsonreuters.com;))
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