EFG Hermes To Advise On Jordan Cement Flotation
The Jordanian authorities have chosen the Egyptian brokerage and investment house EFGHermes to advise on the flotation of a stake in Jordan Cement. The Jordanian authoritieschose EFG Hermes because of its track record in the privatization of Amiriya Cement andbecause its bid was the lowest of any of the institutions tendering for the contract.Early in 1997, the Jordanian authorities chose the US investment bank...
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