(Reuters) - The Moroccan government has sold 4 percent of former state telecoms monopoly Maroc Telecom on the stock market, reducing its stake in the company to 30 percent, market regulator CDVM said on Thursday.
The state sold 35.2 million shares for 130 dirhams each on July 2, CDVM quoted the Finance Ministry as saying. The government announced on June 27 that it planned to sell the stake to local and foreign institutional investors.
Read more at Reuters Africa
The state sold 35.2 million shares for 130 dirhams each on July 2, CDVM quoted the Finance Ministry as saying. The government announced on June 27 that it planned to sell the stake to local and foreign institutional investors.
Read more at Reuters Africa
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