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OCI mulls split into two companies

OCI mulls split into two companies

Orascom Construction Industries Co - OCI said it will hold Board of Directors meeting today January 28, 2014 to discuss splitting into two companies.

 

This split will aim to separate OCI's construction and fertilizer businesses , said a bourse statement.

 

Late 2014, Amsterdam-based OCI NV's shareholders approved separating its fertilizers and construction businesses and said it will seek to sell shares in the latter.