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.
20/04/2022 at 16h41, by Africa Business+
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.
Recommended articles
Consumer goods & Retail
21/03/2023 at 12h07, by Africa Business+
Holmarcom enters biscuit industry with D250 million capital increase
Learn more with Africa Business+.
Agri-food industry
01/12/2020 at 08h13, by Tarik Bargal
Naciri & Associés Allen & Overy counsel Holmarcom on sale of MCM to A.P. Møller Capital
In welcoming the Danish alternative investment specialist into its shareholding, the Moroccan handling...