Petro-Can sets the pace
Article Abstract:
The Canadian government has made a public offer of 50% of Petro-Canada, the second-largest marketer of oil products in Canada. The offer covered a total of 123.9 million shares, with around 25% of the issue being placed with retail clients. The government will retain a 20% stake in the company, which achieved second quarter 1995 earnings of C$60 million on revenues of C$1.2 billion.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1995
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Kenya announces list of public offers
Article Abstract:
Kenya Posts and Telecommunications is one of several Kenyan companies planned for privatisation, however the country has been the target of International Monetary Fund criticism over the delay of the sale. Other companies scheduled for privatisation include Mumias Sugar Company, Kenya Commercial Bank, Kenya Reinsurance Corporation, Kenya Railways, and Kenya Ports Authority.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1998
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