VOL. XL

No. 19

12-May-1997

MOROCCO

New List For Moroccan Privatization

-Steel giant Sonasid, of which the government is expected to sell 51% to strategic investors by end-May;

-Silver mine Socit Minire d'Imiter (SMI), 20% of whose shares worth Dh650mn will be floated on the Casablanca stock exchange between 25 May and 1 June;

-Fertilizers firm Socit Marocaine des Fertilisants (Fertima), inwhich the government hopes to sell a majoritystake. According to press reports Norway's Norsk Hydrohas been...