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Keywords: Acquisition


CTM Acquires Majority Stake from Bank Of Africa in AML

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......

Arçelik Completes Acquisition of Whirlpool Subsidiaries in Morocco and the United Arab Emirates

The Turkish company Arçelik, parent company of Beko, has announced the completion of the acquisition of Whirlpool's subsidiaries and operations in Morocco and the United Arab Emirates. "With this acquisition, Arçelik now owns Whirlpool's entities in the United Arab Emirates......

Elalamy's Bold Move: Acquisition of Societe Generale's Sub-Saharan Presence

In a daring maneuver set to potentially reshape the banking landscape across Africa, Moulay Hafid Elalamy, former Minister of Commerce and Industry and current CEO of the Saham Group, is poised for an ambitious acquisition. Rumors abound that Elalamy is nearing the acquisition of a controlling stake,......

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