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Many of the companies on the privatization list are either underperforming or posting losses, making it even harder to find buyers.
Many of the companies on the privatization list are either underperforming or posting losses, making it even harder to find buyers.
Wednesday, June 13, 2018

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
Wednesday, June 13, 2018

631 State-Owned Assets on 2018-19 Privatization List

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.
 

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06/13/2018
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