VOL. XLIV

No. 14

2-APRIL-2001

LEBANON

Lebanon Appoints BNP-Paribas As Adviser For Divestment Of Electricite Du Liban

The Lebanese Government on 21 March appointed BNP-Paribas as adviser for the restructuring and sale of a 10-15% stake in the state-run electricity company, Electricite du Liban. According to local press reports, Minister of Energy Muhammad Baydun said the bank would finish a valuation study of the firm by the end of the year. He also said that Electricite du Liban is to be...