Egyptian billionaire Nassef Sawiris makes unsolicited bid to take chemical giant OCI Global private at EUR 4.10 per share
Billionaires Africa | 26.06.2026 16:49
Egyptian billionaire Nassef Sawiris has launched an unsolicited all-cash public offer of EUR 4.10 per share for all outstanding shares in OCI Global, the Euronext-listed nitrogen, methanol and hydrogen producer he controls, in a move designed to break a prolonged corporate impasse surrounding the company's proposed combination with Orascom Construction and give minority shareholders a clean cash exit.
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