bullish

OCI NV

Oci N.V. (OCI NA) - Tuesday, Jan 30, 2024

241 Views30 Apr 2024 20:00
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SUMMARY
  • OCI N.V. is selling off assets to focus on a more streamlined operation and benefit from energy transition trends
  • The sale of OCI's stake in Fertiglobe to ADNOC for $3.62 billion was a result of pressure from Inclusive Capital, led by Jeffrey Uben
  • The company will have a strong net cash position and is positioned to capitalize on future opportunities at a low multiple of normalized EBITDA

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

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