Iranian Privatization Organization is set to sell stakes in 631 state-owned firms to the private sector later in the current fiscal year (March 2018-19), which is 87% more compared to the number of firms listed for privatization last year.
Of the total figure for this year, the ownership of 194 public entities is to be fully transferred to private owners while 80% shares of the remaining 437 public enterprises are to be ceded.
"Over 280 of the listed companies actually remain from the previous fiscal year's list," the managing director of IPO said, adding that exchange-listed firms will have their shares offered on the stock exchange and the rest will be sold via tenders.
June 12, 2018 19:41
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631 State-Owned Assets on 2018-19 Privatization List
Of the total figure for this year, the ownership of 194 public entities is to be fully transferred to private owners while 80% shares of the remaining 437 public enterprises are to be ceded
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