VOL. XL
No. 45
10-November-1997
TUNISIA
Tunisia's BIAT GDR Postponed
A planned offering of Global Depositary Receipts (GDRs) by Tunisia's largest privatebank, Banque Internationale Arabe de Tunisie (BIAT), has been postponed according to localnewspaper reports. It is not clear how far plans for the issue had advanced, but sourcesat the Tunisian bank said on 30 October that "the previous offer price of itsimpending issue of GDRs had been withdrawn due to a decline in BIAT's underlying share...
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!