54023
IPO Selling  7 Firms
Economy, Business And Markets

IPO Selling 7 Firms

The Iranian Privatization Organization will sell 12 trillion rials ($326 million at market exchange rate) of government-owned stocks this week, Jafar Sobhani, a consultant to the head of IPO, said. This will be the third offering of government-owned shares this year. The organization is having a hard time finding buyers, as the companies on offer are hardly attractive, IRNA reported. This time, IPO is selling stakes in seven companies, five of which will be auctioned while the remaining two, both petrochemical producers, will be sold on Iran Fara Bourse over-the-counter market.

Short URL : https://goo.gl/WFcw5P
  1. https://goo.gl/zFZxnh
  • https://goo.gl/0WNOnv
  • https://goo.gl/bxjwC0
  • https://goo.gl/Tg0jnC
  • https://goo.gl/aFHPCF

You can also read ...

Iran’s Amendments to CFT Law, a Step in Right Direction – Part 2
In the article titled “Amendments to CFT Law, a Step in Right...
Iraqi PM Cancels Iran Visit
Iraqi Prime Minister Haider al-Abadi has cancelled a visit to...
Certified Exchangers List Gets Longer
The Central Bank of Iran has released the updated list of...
TSE Fastest-Growing Stock Exchange in World
Tehran Stock Exchange was the world’s fastest-growing stock...
Chinese EV Sharing Platforms Seeking New Funds
Two electric vehicle-sharing platforms backed by powerful...
Export of Six Commodities Banned as of Aug. 23
The government has banned the export of different kinds of...
Iran Khodro Makes Inroads Into Azerbaijan Car Market
Since March, and through a joint venture between Iran Khodro...
Auto Importers Warned Against Price Gouging
Iranian auto importers, who had brought vehicles into the...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus