My Opinion | 111621 Views | Aug 14,2021
Sep 24 , 2019
The transaction advisor which will start its service on November 1, 2019, will be responsible for undertaking the preparation of the partial privatization of Ethio Telecom.
The Ministry of Finance is searching for an advisor to consult during the process of partial privatisation of Ethio telecom.
The transaction advisor, which is required to begin consulting on November 1, 2019, will be responsible for undertaking preparations for the partial privatisation of Ethio telecom, which will include recommending a feasible mode of privatisation, suggesting the basic terms and conditions for the process, directing financial and accounting preparation for the pre-privatisation phase and recommending a percentage of capital to be put on sale.
The advisory contract is estimated to last 14 months and will also see the consultant undertaking legal due diligence, identifying bidder selection criteria, supporting bid preparation, and assisting in partner selection and negotiation.
The Ministry has issued a request for expression of interest for this purpose. Interested consultants are expected to provide information demonstrating that they have the required qualifications and relevant experience to perform the services regarding commercial, legal, technical, economic and public policy experience requirements.
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