Mehr Eghtesad Iranian pays 3 trillion rials to Etemad Mobin Consortium

“The company’s collaboration in TCI block share was withdrawn. The consortium (Mehr Eghtesad) had announced to Privatization Organization that it is ready to compete with its groups but the situation has changed,” Eisa Rezayee said.“After 51% TCI block share acquisition by Etemad Mobin Consortium, Mehr Eghtesad Iranian wished to buy 12.5% of the share. But …

“The company’s collaboration in TCI block share was withdrawn. The consortium (Mehr Eghtesad) had announced to Privatization Organization that it is ready to compete with its groups but the situation has changed,” Eisa Rezayee said.
“After 51% TCI block share acquisition by Etemad Mobin Consortium, Mehr Eghtesad Iranian wished to buy 12.5% of the share. But Etemad Mobin Consortium wanted indirect purchase of TCI share through presence in another company which was not possible for us,” he added.
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