CEO Adel Grar: “No sale of Carthage Cement before 2023”

CEO Adel Grar: “No sale of Carthage Cement before 2023”

Adel Grar, CEO of the al-Karama holding, which manages companies confiscated after the revolution, revealed to Africa Business+ that the sale of Carthage Cement, by tender or mutual agreement, will not take place before 2023.

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            ▪ CEO Adel Grar: “No sale of Carthage Cement before 2023”

▪ Adel Grar, CEO of the al-Karama holding, which manages companies confiscated after the revolution, revealed to Africa Business+ that the sale of Carthage Cement, by tender or mutual agreement, will not take place before 2023.

https://www.africabusinessplus.com/en/810983/ceo-adel-grar-no-sale-of-carthage-cement-before-2023/

“The improvement of the company’s results means that we are no longer in a hurry,” said the man who is also the chairman of the cement company’s board of directors. “We thank Mr Ouédraogo for his offer, but it was well below the low end of our valuation.”

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