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Iran's Privatization Organization announces sale of Foolad Meybod, Foolad Makran and Esteghlal club stakes

3 August 2026 · 2 months ago

Iran's Privatization Organization said in a notice published on Monday, August 3, 2026, that it will offer and transfer state-held shares in Foolad Meybod, Foolad Makran Chabahar Free Zone and the Esteghlal Iran Cultural and Sports Company, along with the corporate depot site in Karaj (Alborz), under a ruling by the Transfer Board and related laws.

According to the notice, the transfers will follow the executive directive on "the method of selecting strategic buyers and verifying and monitoring managerial competence in transfers," a mechanism that requires buyers to demonstrate managerial qualification. The organization said the full version of the announcement is available in the "offering notices" section of its website.

The published text does not specify the exact offering dates, floor prices or block sizes for any of the assets listed.

Source:Iran Capital Market News Agency (SENA)The source text

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