The corps bought the 51.18% share held by Bank Melli for nearly 20 years. The transaction is expected to be completed by early May.
Sadra has built a large number of platforms for use in the Persian Gulf and the Iran Alborz semi-submersible in the Caspian Sea, but it ran into financial difficulties last year.
The company's main yards are located in Bushehr, on the Persian Gulf, and Neka, on the Caspian coast.
Before