Lilium Capital acquisition of BICIAB and BICIGUI in closing stages—Astura and Deloitte mobilised

Lilium Capital, the investment holding company of Burkinabe banker Simon Tiemtoré, is preparing to close the acquisition of BICIAB and BICIGUI after obtaining the green light from the Uemoa banking commission and the Guinean regulatory authorities.

14/06/2021 at 15h34, by Africa Business+

“I can tell you that in the next few days, there will be the big final step, namely the closing of the acquisition of the subsidiaries of the BNP Paribas group in Burkina Faso and Guinea. The date is still uncertain because we have to finalise certain aspects of the deal. But in June, we are going to close the International Bank for Trade and Industry of Burkina (BICIAB) first, followed by the International Bank for Trade and Industry of Guinea (BICIGUI),” explained a source interviewed by Jeune Afrique Business+.

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