Piyush Singhvi, 27, was borninIndia, grew upin theMiddle East, and, beforeWharton, workedatthe Dubai-basedprivateequityfirmAbraaj Capital, the largest non-state-owned firm in theregion.
The Sawiris family and AbraajCapital, which together own 60 percent of Orascom, are also participating in the tender and have submitted all their OCI GDRs to exchange for OCI N.
Unable to get the value the company needed, Ghandour, in partnership with AbraajCapital, bought back the company in 2002 and three years later listed on the Dubai Stock Exchange where it remains today.