RJ privatisation in 2007

Jordan: Saturday, December 16 - 2006 at 15:18

Jordan plans to sell a majority stake in state carrier Royal Jordanian by the end of next year, reported Reuters. CEO Samer Majali said the government will retain a 26% holding but the rest will go to foreign and local investors. The government will next week choose a financial adviser from the three banks that put in a bid: Merrill Lynch, Goldman Sachs and Citibank.

Jonathan Sheikh-Miller Jonathan Sheikh-Miller, Deputy Editor
Saturday, December 16 - 2006 at 15:18 UAE local time (GMT+4)

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This Article was updated on Saturday, January 13 - 2007
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