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The public takeover offer will be subject to a minimum acceptance threshold of 50% plus one share of Covestro's capital
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Board of Governors of CBO reconstituted
MUSCAT - His Majesty Sultan Qaboos bin Said has reconstituted the Board of Governors of the Central Bank of Oman (CBO) retaining Health Minister Dr Ali bin Mohammed bin Moosa as Deputy Chairman. The Omani monarch himself is the Chairman.
The members are Mohammed bin Nasser Al Khusaibi, representing the finance ministry; Hamood bin Sangour bin Hashim Al Zadjali; Yahya bin Said bin Abdullah Al Jabri; Mohsin bin Haider Darwish; and Dr Hatim bin Bakheet Al Shanfari. Their term of membership is five years, according to a decree issued by the Omani monarch.
A second Royal Decree restructured the tender board under the chairmanship of the minister of transport and communications, with the minister of regional municipalities and water resources as his deputy.
The board's new members will be the ministers of manpower, civil service and housing; secretary-general of the finance ministry, undersecretary for development affairs at the ministry of national economy, undersecretary for commerce and industry at the ministry of commerce and industry, secretary-general of the supreme committee for town planning and secretary-general of the board.
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