VOLXL

No.03

20-January-1997

CAPITALMARKETS

MerrillLynch Appointed As Advisors On Jordanian Telecoms Sale

The Jordanian Ministerof Communications, Mr. Jamal Sarayra, announced on 13 January that thegovernments privatization committee had chosen the US investment bank MerrillLynch International to advise on the proposed sale of 26% of the state telecomsmonopoly, Shirkat al-Ittisalat al-Urdunia (Jordan Telecommunications Company) toa strategic investor. Merrill beat off four short-listed rivals,...