The Mabrouk family casts its eye on Fadhel Abdelkefi’s Tunisie Valeurs to create a financial giant
BIAT, Tunisia’s leading bank, has declared its intention of acquiring more than 50% of the capital of Tunisie Valeurs, the country’s top firm for stock market intermediation and management.
28/01/2020 at 15h46, by Africa Business+
BIAT’s board of directors, chaired by Ismaël Mabrouk, decided last Wednesday to buy more than half the shares of Tunisie Valeurs at a unit price of 18.15 dinars ($5.70), i.e. a valuation of 72.6 million dinars ($25.6m), against a share trading on Monday at 17.50 dinars.
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