OCI Shareholders Approve Business Combination with Orascom Construction
OCI N.V. has announced that its shareholders have approved all resolutions regarding the proposed business combination with Orascom Construction PLC. The approval includes key components such as the OCIN Sale and the demerger process, which received majority support from minority shareholders during the Extraordinary General Meeting. The company provided an updated indicative timetable for the transaction. OCI shares are expected to be delisted from Euronext Amsterdam on November 27, 2026, with the final trading day scheduled for November 26, 2026. The distribution of Orascom Construction (OC) shares to eligible shareholders is anticipated to begin around December 8, 2026, pending regulatory approvals and settlement processes.
Topics: Business Combination Corporate Restructuring Delisting Shareholder Vote