Elloumi’s new sphere of activity in the wake of BTK takeover
With the acquisition of 60% of the Tunisian-Kuwaiti Bank from the French financial institution BPCE, the Tunisian family group has inherited assets in private equity, leasing and real estate.
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▪ Elloumi’s new sphere of activity in the wake of BTK takeover
▪ With the acquisition of 60% of the Tunisian-Kuwaiti Bank from the French financial institution BPCE, the Tunisian family group has inherited assets in private equity, leasing and real estate.
▪ https://www.africabusinessplus.com/en/811122/elloumis-new-sphere-of-activity-after-the-takeover-of-btk/
The transaction was closed last August after Groupe BPCE expressed its desire to withdraw from Tunisia. In September 2018, its stake in the Tunisian-Kuwaiti Bank (BTK) was to be transferred to a Moroccan bank, but the Kingdom’s monetary authorities rejected the operation.
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