Cyprus to hire independent advisor for Cyprus’ Stock Exchange privatization

The Cyprus Privatisation Unit has announced a tender for the appointment of a reputable independent advisor to prepare a strategic plan for the privatisation of the Cyprus Stock Exchange (CSE) by the end of March 2018.

According to the tender, the advisor should have “extensive expertise to prepare a strategic plan for the Cyprus Stock Exchange, identify and recommend the optimal private sector participation option and, on the basis of the relevant decisions of the Inter-ministerial Committee for Privatisations and/or the Council of Ministers, provide all transaction and other relevant services for the selection of the most suitable Strategic Partner/ Investor.

The fixed fee of the advisor amounts to Euros 450.

Source: Cyprus News Agency.