OCI Adds New Annex to Orascom Construction Combination Announcement
Bitget2026/10/30 21:29- OCI issued a corrected release confirming shareholder backing for its Orascom Construction combination.
- Shares are expected to delist November 27, 2026, with the final trading day November 26, subject to regulatory approvals.
- NNS's tender offer closes November 17, 2026, at 17:40 CET.
- Crediting of Orascom Construction shares is expected around December 8, 2026, subject to the offer timetable and settlement.
- Any shortfall from share sales funding Dutch dividend withholding tax will be borne by the combined company without withholding additional shareholder shares.
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.
You may also like
Eurozone Sentix Investor Confidence Index slips to 2.4 in November from 2.7 in October
SoftBank develops contingency plans for slowdown in US data center business, considers shifting to other countries
A new twist has emerged in the US AI data center investment boom. SoftBank is preparing for cooling US demand and a deteriorating political environment, and does not rule out shifting data center construction priorities to other countries. As cross-border computing power delivery capability improves and investment returns come under question, the logic behind AI infrastructure expansion is loosening, and over $3.5 trillion in infrastructure investment now faces potential impairment risks.
Quantumrail Cancels 10 Billion Won Convertible Bond Offering
Crypto prices
More
