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Oman Is Said to Mull Cement Stake Sale in Privatization Push


Oman Is Said to Mull Cement Stake Sale in Privatization Push
Bloomberg
8 hrs ago
© Bloomberg
Wet cement is poured into a builders hop.
(Bloomberg) Oman is considering the sale of its stake in Oman Cement Co. SAOG, according to people with knowledge of the matter, as Gulf nations increasingly lean on state assets to bolster their finances.
The sultanate is speaking to advisers about selling its nearly 54% holding in the company, according to the people, who asked not to be identified because the information is private. The stake could be worth just over $100 million based on its current market price. ....

Saudi Arabia , United Arab Emirates , Abu Dhabi , Salem Alhajry , Oman Investment Authority , Oman Electricity Transmission Co , Grid Corp , Oman Cement Co , Oman Gas Co , Bloomberg Wet , Roman Cement , United Arab , Middle Eastern , State Grid , Oman Electricity Transmission , Woman Gas , சவுதி அரேபியா , ஒன்றுபட்டது அரபு அமீரகங்கள் , ஓமான் முதலீடு அதிகாரம் , ஓமான் மின்சாரம் பரவும் முறை இணை , கட்டம் கார்ப் , ஓமான் சிமென்ட் இணை , ஓமான் வாயு இணை , ஓமான் சிமென்ட் , ஒன்றுபட்டது அரபு , நடுத்தர கிழக்கு ,

Oman Is Said to Explore Cement Stake Sale in Privatization Drive


Apr 27 2021, 4:51 AM
April 26 2021, 3:15 PM
April 27 2021, 4:51 AM
(Bloomberg) Oman is considering the sale of its stake in Oman Cement Co. SAOG, according to people with knowledge of the matter, as Gulf nations increasingly lean on state assets to bolster their finances.
(Bloomberg) Oman is considering the sale of its stake in Oman Cement Co. SAOG, according to people with knowledge of the matter, as Gulf nations increasingly lean on state assets to bolster their finances.
The sultanate is speaking to advisers about selling its nearly 54% holding in the company, according to the people, who asked not to be identified because the information is private. The stake could be worth just over $100 million based on its current market price. ....

Saudi Arabia , United Arab Emirates , Abu Dhabi , Salem Alhajry , Oman Investment Authority , Oman Electricity Transmission Co , Grid Corp , Oman Cement Co , Oman Gas Co , Roman Cement , United Arab , Middle Eastern , State Grid , Oman Electricity Transmission , Woman Gas , சவுதி அரேபியா , ஒன்றுபட்டது அரபு அமீரகங்கள் , ஓமான் முதலீடு அதிகாரம் , ஓமான் மின்சாரம் பரவும் முறை இணை , கட்டம் கார்ப் , ஓமான் சிமென்ட் இணை , ஓமான் வாயு இணை , ஓமான் சிமென்ட் , ஒன்றுபட்டது அரபு , நடுத்தர கிழக்கு , நிலை கட்டம் ,