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Total Divestiture of Esfarayen Industrial Complex

2018/04/10 | 13:19 code : 8957 -
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100 percent of Esfarayen Industrial Complex to be divested on 17th April 2018.
Total Divestiture of Esfarayen Industrial Complex

100 percent of Esfarayen Industrial Complex to be divested on 17th April 2018.

Public relations liaison of Iran Privatization Organization (IPO) reported 100 percent of Esfarayen Industrial Complex, accounting for 1,358 million number of shares is to be divested on 17th April 2018 by Iran Privatization Organization.

The aforementioned number of shares is to be divested through auction sale with total base value of 7,194,684 million Rials in the form of 10 percent cash sale and 90 percent in 8-year installments.

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