VOL. XLI
No. 28
13-July-1998
MOROCCO
Nomura Sells Part Of Its Stake In BMCE
Sources at Japanese investment bank Nomura in London have confirmed that the bank hassold a 7.8% stake in Banque Marocaine du Commerce Exterieure (BMCE) for a sum of $80mn,although neither the number of shares nor the names of the purchasers were disclosed. Theequity placement - in the form of local shares and Global Depositary Receipts (GDRs)listed on the London Stock Exchange - was distributed "to a limited number of...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!