OCI shareholders approve Orascom Construction deal

Bitget2026/10/30 15:23

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OCI shareholders approved all resolutions for the combination with Orascom Construction, with each also backed by a majority of minority votes.
Trading in OCI shares is expected to end November 26, 2026, with delisting effective November 27.
NNS’s voluntary offer closes November 17, 2026, at 17:40 CET; an extended offer timetable would delay subsequent combination milestones.
Orascom Construction shares should begin reaching eligible accounts around December 8, 2026, subject to settlement of the post-closing acceptance period.
OCI’s dissolution and liquidation process is expected to begin in December 2026 and continue through the first half of 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OCI Holdings Co. Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610301121PR_NEWS_USPR_____IO85484) on October 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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OCI shareholders approve Orascom Construction deal

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