Oman raises $530m from sale of 19% of Omantel - Al Arabiya News:
"Oman’s government raised nearly 204 million rials ($530 million) from its sale of a 19 percent stake in Omantel, part of efforts to revive its privatization program, a Muscat bourse statement said on Wednesday.
The government’s holding in the telecommunications operator will drop to 51 percent following the completion of the second and final part of the share sale.
Each tranche - the first a private placement for institutions and wealthy individuals, the second a public offer for retail investors - sold 71.25 million shares."
'via Blog this'
No comments:
Post a Comment