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Keywords: Acquisition
Casablanca has set the stage for an automotive spectacle as the Avito Expo, the premier used car exhibition, unveiled its second edition on July 1, 2024. This unmissable event in Morocco's pre-owned vehicle market is anticipated to attract 50,000 visitors, surpassing the footfall of its inaugural......
Managem Secures Major Stake in Morocco’s Natural Gas Fields In a strategic move poised to reshape the energy landscape in Morocco, Managem, a prominent player in the mining sector, has announced the acquisition of Sound Energy Morocco, a subsidiary of the British entity Sound Energy. This acquisition......
In a financial transaction worth 307 million Moroccan dirhams, Compagnie de Transports au Maroc (CTM) has secured a 51% stake in Africa Morocco Link (AML), bolstering its position in the multimodal transport sector. CTM confirmed today, June 14, 2024, that it has acquired all the shares previously held......
The Moroccan preschool education sector is witnessing a new dynamic as Holding générale d'éducation SA (Holged) acquires Crèche jardin d'enfants Kenzi SARL. This transaction marks a significant milestone in Holged's expansion, further strengthening its investments......
In a strategic move consolidating its position in the Moroccan financial landscape, Holmarcom, the renowned conglomerate, has finalized its acquisition of Credit Agricole's entire stake in Credit du Maroc, a major banking institution in the country. This transaction grants Holmarcom an impressive......
In a bold move that has captured the attention of the tech world, Frank McCourt, the prominent American entrepreneur and former owner of the Los Angeles Dodgers, has unveiled his audacious plan to acquire the wildly popular social media platform, TikTok. This endeavor, dubbed "Project Liberty,"......
The United States Congress is set to review Morocco's request to acquire the advanced MQ-9B SeaGuardian unmanned air vehicles. According to reports from the Spanish news outlet El Periodico de Ceuta, the US legislative body will soon consider the proposed agreement, marking a pivotal moment in defense......
In a twist of geopolitical intrigue, the proposed acquisition of the Spanish energy firm Naturgy by the United Arab Emirates' TAQA has sparked a flurry of conspiracy theories in Spanish and Algerian media. Accusations of a secret agenda to gain control over Algerian gas supplies have dominated the......
The Compagnie de Transports au Maroc (CTM) has announced the acquisition of the majority stake of Bank Of Africa in the maritime transportation company Africa Morocco Link (AML). The effective completion of the operation is subject to obtaining approvals from the competent authorities. The transaction......
