VOL. XLV
No 46
18-November-2002
TUNISIA
Société Générale Takes 52% Stake In UIB
French banking group Société Générale has announced that it is to take a 52% stake in Tunisian bank Union Internationale de Banques (UIB), which is owned by the Tunisian government and state-owned companies. The transaction will be finalized following approval by the regulatory authorities and the signing of the acquisition contract, said Société Générale. The deal enhances Société Générales presence in North Africa,...
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