Libya is to list its two state-owned mobile networks, Al Madar and Libyana, on the local stock exchange before the end of April, according to Gamal Al-Lamushe, the chairman of the country’s privatisation and investment board. However, the plan is only to float between 2 percent and 5 percent, which is far less than the 40 percent figure reported late last year, and is a return to an earlier plan for a small offering.
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