OCI Global faces new petition challenging proposed merger

News provided byOCI Global N.V · 1 min read
AMSTERDAM, Sept. 3, 2026 /CourierPR/ -- OCI Global N.V. has received a petition from Value8 N.V. filed with the Enterprise Chamber of the Amsterdam Court of Appeal. The petition aims to investigate OCI's affairs and seeks interim measures, including a prohibition on putting the proposed combination with Orascom Construction PLC to a shareholder vote or implementing the transaction until further proceedings.
OCI Global is currently reviewing the petition alongside its legal advisors and believes the claims are without merit. The company notes that the petition largely reiterates arguments previously presented in ongoing court proceedings. OCI plans to address the petition through the appropriate legal channels and in accordance with relevant procedures.
Despite the petition, OCI remains committed to executing its announced strategy and pursuing the transactions previously communicated to shareholders. The company will provide updates as needed and in accordance with its disclosure obligations.
Founded in 2010, OCI Global operates in the global energy and chemicals sector, with a focus on sustainable development. The company's recent strategic move to combine with Orascom Construction PLC has faced legal challenges, as evidenced by the new petition.
OCI Global continues to move forward with its plans and maintains an open line of communication with stakeholders. The company advises investors and interested parties to monitor official announcements for further developments.