Privatization Organization to issue new TCI owners’ contract on Nov 9

“The contract has been signed between TCI shareholders and PO. Tose’eh Etemad Mobin Consortium paid 20% of TCI block share sale value on Nov 8,” Seyed Amir-Masoud Miri told Mobna news agency.
“The Mellat Bank and Social Security Organization contracts with TCI new owners have not been finalized and these organizations can obtain TCI share through underwriters,” he said.
50% plus one share of TCI was sold to Tose’eh Etemad Mobin Consortium on Sep 27 and the buyer was obliged to pay 20% of the purchase value in cash and the rest in six installments.
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