Middle East Economic Survey
Eagrium, MOPCO Swap Deal Completed
A share swap between Canadian firm Agrium and Egypts part government-owned Misr Oil Processing Company (MOPCO) has been completed, said Agrium on 11 February in its 4Q08 earnings report. The swap was delayed after originally being scheduled for the third quarter of 2008 (MEES, 2 February). It was arranged by the Egyptian government in August last year in response to the cancellation of the $1.2bn Eagrium...