Iran plans to privatise 47 firms in its energy sector worth $90bn and set up a holding company for these assets which it will list on four international exchanges, a National Iranian Oil Company (NIOC) executive said, reported Reuters. The plan would see the oil and gas companies put under an umbrella group to attract foreign investment, Hojatollah Ghanimi-Fard, director of international affairs at NIOC, told MEED. He said the firms would also be listed in Tehran by 2014.
Via AMEInfo. What do we want to bet that the NYSE won’t be one of the “international exchanges”?