NewsWhore
02-29-2008, 05:00 PM
Several months after the news that the Shell Company was selling its shares of the Dominican Petroleum Refinery (Refidomsa) the Ministry of Hacienda has announced that it has received proposals from seven companies who are competing to appraise the total value of the oil company's stock. Once the stocks have been appraised, the government is expected to purchase them at that price. Currently Shell owns 50% of Refidomsa. Baker Tilly Dominicana, Conecam Centroamericana, Vetra e Improaval S.C., Che2mhill, Mexicana, Fti Consulting and Incisa are the companies vying for the appraisal contract. The Hacienda Minister said that the process would be as transparent as possible.
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More... (http://www.dr1.com/index.html#3)