IPO Says Stock Market to Handle Divestiture of State-Owned Firms

EghtesadOnline: The newly appointed head of Iranian Privatization Organization- the state-run body overseeing the sale of state-owned companies, has pledged to use the stock market’s capacity in divesting the stakes of government-owned companies.

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Publish Date:30/November/2019 | 11:41

Gov’t Will Sell Stakes in Oil Firms to Settle Debts

EghtesadOnline: The government is planning to repay its debts to private companies by selling its stakes in state-controlled petrochemical and refinery companies, according to a member of Tehran Chamber of Commerce, Industries, Mines and Agriculture.

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Publish Date:28/October/2019 | 24:53

Iran's 2 Main Football Clubs to Float Controlling Stakes

EghtesadOnline: The IPO will secure the right to revoke the deals if each of the two clubs fail to rank among the top four clubs in two successive seasons. Potential buyers are also required to table precise plans for increasing the income of the two clubs.

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Publish Date:30/January/2023 | 20:56

Share Offers Here to Stay

EghtesadOnline: Government policy to sell stakes in state-run companies will continue to generate revenue for the next fiscal budget (March 2021-22), head of the Plan and Budget Organization said.

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Publish Date:19/September/2020 | 24:04

Justice Shares, Divestures Saved the Day

EghtesadOnline: The government’s decision to offer its stakes in several companies in the stock market and allow the so-called ‘Justice Shares’ to be tradable saved the bourse from a potential bubble burst, says Saeed Laylaz.

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Publish Date:08/June/2020 | 07:49

Iran Gov’t Will Sell Stakes in Banks

EghtesadOnline: The government will launch one of its biggest schemes to divest banks’ non-financial assets in the coming week, a deputy minister of economy said.

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Publish Date:13/May/2020 | 09:25

Gov’t to Launch Divestiture Scheme May 3

EghtesadOnline: The Ministry of Economy announced a timeframe to launch the first phase of a divestiture scheme based on which government will sell its stakes in state-affiliated companies.

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Publish Date:27/April/2020 | 13:01

Iran Gov’t to Sell Stakes in Six Refineries

EghtesadOnline: The government’s remaining stakes in six refineries is to be offered via a monolithic exchange-traded fund, according to a decision by an ad hoc committee in charge of divesting government property.

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Publish Date:21/December/2019 | 24:09