OCI
OCI is a global chemical company specializing in the production and distribution of nitrogen products and methanol, essential for agriculture and the chemical industry.
Price history of OCI
Price history of OCI
Performance & Momentum
OCI Sells 50% Stake in OCI Nitrogen
OCI Global has reached an agreement to sell a 50% stake in Nitrogen Intermediate Holding, the owner of OCI Nitrogen, to European industrial group AGROFERT. The deal includes a call/put option on the remaining 50% stake starting two years after closing, paving the way for a gradual exit from this strategic asset. The sale could strengthen the group’s financial structure and free up cash, but it also reduces OCI’s exposure to its nitrogen business. For the stock, the announcement is likely mildly positive in the short term if the market sees it as better capital allocation, although the impact will depend on the final terms of the deal and the valuation achieved.
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