• Register

Etisalat submits mandatory bid for Maroc Telecom minority shares

: Thursday, May 22 - 2014 @ 01:09

Etisalat, which this month bought a 53% stake in Maroc Telecom, has submitted a mandatory tender offer to buy the remaining shares in the Moroccan firm, Reuters has reported. The Abu Dhabi-headquartered has submitted its tender to the Moroccan authorities for their approval. Morocco regulations state an acquiring company must offer to buy out minority shareholders if it owns 40% or more of the voting rights of the company.

Today's Top Stories

Posted by

Thursday, May 22- 2014 @ 1:09 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

AME Info Services

Business DirectoryVIEW ALL

Search by name

Search by industry

Browse alphabetically


Search for jobs

Latest Jobs