{"id":60459,"date":"2024-10-11T12:00:56","date_gmt":"2024-10-11T12:00:56","guid":{"rendered":"https:\/\/english.saigonbiz.com.vn\/2024\/10\/11\/oci-to-close-divestment-of-controlling-stake-in-fertiglobe\/"},"modified":"2024-10-11T12:00:56","modified_gmt":"2024-10-11T12:00:56","slug":"oci-to-close-divestment-of-controlling-stake-in-fertiglobe","status":"publish","type":"post","link":"https:\/\/english.saigonbiz.com\/vn\/oci-to-close-divestment-of-controlling-stake-in-fertiglobe\/","title":{"rendered":"OCI to Close Divestment of Controlling Stake in Fertiglobe"},"content":{"rendered":"
\n

AMSTERDAM<\/span><\/span>, Oct. 11, 2024<\/span><\/span> \/PRNewswire\/ —\u00a0OCI Global (Euronext: OCI) (“OCI”) today announced that the divestment of OCI’s 50% + 1 share stake in Fertiglobe (ADX: FERTIGLB) (“Fertiglobe”) to Abu Dhabi National Oil Company P.J.S.C. (“ADNOC”) disclosed in December 2023<\/span>, has received all required approvals and is expected to close on Tuesday 15 October 2024<\/span>.<\/p>\n

Ahead of closing, a block trade will be initiated today, 11 October 2024<\/span> and is expected to settle on Tuesday 15 October 2024<\/span>.<\/p>\n

Following the completion of the transaction, ADNOC’s shareholding in Fertiglobe will increase to 86.2% while the free float traded on the Abu Dhabi Securities Exchange (ADX) will remain at 13.8%.<\/p>\n

Contact Details:<\/b><\/p>\n

Sarah\u00a0Rajani CFA<\/b>, Vice President Investor Relations & Communications
Email: sarah.rajani@oci-global.com<\/a>\u00a0<\/p>\n

Learn more about OCI at www.oci-global.com<\/a>. You can also follow OCI on LinkedIn.<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

AMSTERDAM, Oct. 11, 2024 \/PRNewswire\/ —\u00a0OCI Global (Euronext: OCI) (“OCI”) today announced that the divestment of OCI’s 50% + 1 share stake in Fertiglobe (ADX: FERTIGLB) (“Fertiglobe”) to Abu Dhabi National Oil Company P.J.S.C. (“ADNOC”) disclosed in December 2023, has received all required approvals and is expected to close on Tuesday 15 October 2024. Ahead […]\n","protected":false},"author":1,"featured_media":79226,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-60459","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pr-newswire"],"yoast_head":"\nOCI to Close Divestment of Controlling Stake in Fertiglobe - Biz and Live in Saigon<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/english.saigonbiz.com\/vn\/oci-to-close-divestment-of-controlling-stake-in-fertiglobe\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OCI to Close Divestment of Controlling Stake in Fertiglobe\" \/>\n<meta property=\"og:description\" content=\"AMSTERDAM, Oct. 11, 2024 \/PRNewswire\/ —\u00a0OCI Global (Euronext: OCI) (“OCI”) today announced that the divestment of OCI’s 50% +\" \/>\n<meta property=\"og:url\" content=\"https:\/\/english.saigonbiz.com\/vn\/oci-to-close-divestment-of-controlling-stake-in-fertiglobe\/\" \/>\n<meta property=\"og:site_name\" content=\"Biz and Live in Saigon\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SaigonbizGroup\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-11T12:00:56+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/english.saigonbiz.com\/vn\/oci-to-close-divestment-of-controlling-stake-in-fertiglobe\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/english.saigonbiz.com\/vn\/oci-to-close-divestment-of-controlling-stake-in-fertiglobe\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/english.saigonbiz.com\/vn\/#\/schema\/person\/267b348e6cf32a66aab33637c2d399a6\"},\"headline\":\"OCI to Close Divestment of Controlling Stake in Fertiglobe\",\"datePublished\":\"2024-10-11T12:00:56+00:00\",\"dateModified\":\"2024-10-11T12:00:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/english.saigonbiz.com\/vn\/oci-to-close-divestment-of-controlling-stake-in-fertiglobe\/\"},\"wordCount\":138,\"publisher\":{\"@id\":\"https:\/\/english.saigonbiz.com\/vn\/#organization\"},\"articleSection\":[\"Pr Newswire\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/english.saigonbiz.com\/vn\/oci-to-close-divestment-of-controlling-stake-in-fertiglobe\/\",\"url\":\"https:\/\/english.saigonbiz.com\/vn\/oci-to-close-divestment-of-controlling-stake-in-fertiglobe\/\",\"name\":\"OCI to Close Divestment of Controlling Stake in Fertiglobe - 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