VOL. XLVI

No 29

21-July-2003

JORDAN

PRIVATIZATION

PCS Set To Buy Stake In Jordans Arab Potash Company

After submitting the best bid for the purchase of 26% of the capital stock of Jordans Arab Potash Company, PCS, the leading North American potash company, is to negotiate with the Jordanian Government to finalize the transaction. The move will partially privatize what is one of the largest potash companies in the world. Arab Potash is owned by the Government of Jordan through Jordan Investment...