Morocco’s Credit Immobilier Buys 10% Insurer Stake

 In news

State-controlled lender Credit Immobilier et Hotelier buys 10% of insurer Atlanta for 68 dirhams/shr, reports.

* Bank buys stake from Rabat-based Caisse de Depot et de Gestion;
* Credit Immobilier plans 1b dirham bond issue to buy further shares in Atlanta, its first venture into insurance. Source: Bloomberg

Recent Posts
Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

Not readable? Change text.

Start typing and press Enter to search