M&A Activity • Jun 4, 2013
M&A Activity
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Amsterdam, the Netherlands / 3 June, 2013 4:45 PM
OCI N.V. announced today that it has formally submitted updated documentation to the Egyptian Financial Supervisory Authority (EFSA) to launch a tender offer on all of Orascom Construction Industries' (OCI S.A.E.) shares on the Egyptian Stock Exchange (EGX).
OCI N.V. will offer all shareholders of OCI S.A.E. an Exchange Offer to convert in to OCI N.V. as well as a cash alternative of EGP 255 per share.
Further updates related to the transaction will be communicated to the market in due course.
OCI N.V. is a global nitrogen-based fertilizer producer and engineering & construction contractor based in the Netherlands. The Fertilizer Group owns and operates nitrogen fertilizer plants in the Netherlands, the United States, Egypt and Algeria and has an international distribution platform spanning from the Americas to Asia. The Fertilizer Group ranks among the world's top fertilizer producers with a fertilizer production capacity of nearly 7 million metric tons. The Construction Group provides international engineering and construction services primarily on infrastructure, industrial and high-end commercial projects in the United States, Europe, the Middle East, North Africa and Central Asia for public and private clients. The Construction Group ranks among the world's top global contractors. OCI N.V. employs more than 75,000 people in 35 countries around the globe and is listed on the NYSE Euronext in Amsterdam.
Omar Darwazah Email: [email protected]
Erika Wakid Email: [email protected]
Hassan Badrawi Director
Tel: +202 2461 1036/0727/0917
Fax: +202 2461 9409
Mijnweg 1, 6167 AC Geleen, The Netherlands
OCI N.V. stock symbols: OCI / OCI.NA / OCI.AS / OCINY
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