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State Owned Divestitures Reach $136m in 7 Months

State Owned Divestitures Reach $136m in 7 Months
State Owned Divestitures Reach $136m in 7 Months

Iranian Privatization Organization divested more than 21 trillion rials ($136.36 million) worth of government shares and assets through the stock market, negotiations and tenders during the seven months to October 22.
Accordingly, divestitures through Tehran Stock Exchange amounted to 18 billion rials ($116,883), while tenders and negotiations totaled 21.21 trillion rials ($137.73 million) and 135 billion rials ($876,623) respectively.
More than 53.18 trillion rials ($345.33 million) of capital increase was registered in Tehran Stock Exchange during...

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