Billionaires Africa | 01.07.2026 23:16
OCI Global's board of directors has formally recommended Nassef Sawiris' unsolicited all-cash offer of EUR 4.10 per share for all outstanding OCI shares, clearing a critical milestone in the Egyptian billionaire's bid to take the Euronext-listed nitrogen and methanol producer private and end a governance standoff that has paralysed the company's strategic direction since January.
