Negotiations stalled between Crédit Agricole and Bensalah’s Holmarcom over sale of Crédit du Maroc
The discussions, launched at the end of September 2021, have stalled over the sale price of the French bank’s subsidiary, which is expected to exceed €500 million.
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▪ Negotiations stalled between Crédit Agricole and Bensalah’s Holmarcom over sale of Crédit du Maroc
▪ The discussions, launched at the end of September 2021, have stalled over the sale price of the French bank’s subsidiary, which is expected to exceed €500 million.
▪ https://www.africabusinessplus.com/en/811843/negotiations-stalled-between-credit-agricole-and-bensalahs-holmarcom-over-sale-of-credit-du-maroc/
More than seven months after officially starting negotiations with the diversified group Holmarcom (Holding Marocaine commerciale) to sell its majority stake (78.6995%) in Crédit du Maroc, the French bank Crédit Agricole still cannot obtain a satisfactory financial offer from the Moroccan.
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