ipo

Omantel’s IPO raises OR204m

: Thursday, April 24 - 2014 @ 12:53

Oman’s government has raised nearly OR204m ($530m) from its sale of a 19% stake in Omantel, Reuters has reported. The government’s holding in the telecoms operator will drop to 51% following the completion of the second and final part of the share sale.

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Thursday, April 24- 2014 @ 12:53 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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