The Collective Retirement Benefit Scheme (RCAR) announced the acquisition of 16,229,447 shares from the Moroccan telecommunications company, Maroc Telecom.
RCAR announced the acquisition on June 17, Maghreb Arab Press (MAP) reported.
RCAR exceeded the threshold of 5% stake in Maroc Telecom.
The buyer, managed by Morocco’s Caisse de Depot and Gestion (CDG), now owns 51,060,810 shares (5.81%) in the operator’s capital.
The Collective Retirement Benefit Scheme (RCAR) announced the acquisition of 16,229,447 shares from the Moroccan telecommunications company, Maroc Telecom.
RCAR announced the acquisition on June 17, Maghreb Arab Press (MAP) reported.
RCAR exceeded the threshold of 5% stake in Maroc Telecom.
The buyer, managed by Morocco’s Caisse de Depot and Gestion (CDG), now owns 51,060,810 shares (5.81%) in the operator’s capital.
Source: https://www.moroccoworldnews.com/2019/06/276728/morocco-rcar-maroc-telecom-shares/