VOL. XLIII
No. 25
19-June-2000
MOROCCO
Moroccos ONA Group To Float 25% Of Its Mining Subsidiary Managem
Moroccos largest private conglomerate, ONA Group, announced on 8 June its intention to offer 25% of its mining company, Managem, on the Casablanca Stock Exchange. According to analysts, the public offering of 2.1mn shares at MD551 ($51.37) per share with a subscription period from 26 to 30 June will provide a boost for the stock exchange. The offering will consist of two tranches, each of...
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