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Iran: Government sells 18% stake in Khodro

The government of Iran has divested an 18% stake in the country’s largest vehicle manufacturer, Iran Khodro (IKCO). Reuters reports that the sale, worth approximately US$430m, is one of the largest-ever share offerings on the Tehran Stock Exchange, and the biggest in the history of Iran's automotive industry. The sale of Subscribe to Automotive World … Continued

The government of Iran has divested an 18% stake in the country’s largest vehicle manufacturer, Iran Khodro (IKCO). Reuters reports that the sale, worth approximately US$430m, is one of the largest-ever share offerings on the Tehran Stock Exchange, and the biggest in the history of Iran's automotive industry.

The sale of

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https://www.automotiveworld.com/articles/82882-iran-government-sells-18-stake-in-khodro/

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