Iran Gov’t May Use ETFs in Divestment

After several failed attempts to divest its remaining stake in state-affiliated companies to the private sector, the government is rewriting the rules and devising new methods to facilitate the divestiture process. 
It is offering shares in blocks in the stock market and wants potential buyers to purchase the whole block.  But buyers apparently cannot afford it. 
“The government is looking at other options. The divestiture in the current framework was not welcome by private companies,” said Deputy of Economy Minister Muhammad Ali Dehqan. 
As one viable solution, he pointed to the likelihood of offering the government’s remaining shares in the form of exchange-traded funds, Fars News Agency reported.