Maroc Telecom, a publicly listed company on both the Casablanca and Euronext (Paris) Stock Exchanges, is Morocco's leading integrated telecom operator with international operations in four West African countries.
Etisalat's interest in Maroc Telecom is consistent with our stated strategy of selective expansion in our core MENA markets and would complement our existing operations in Sub-Saharan Africa.
Etisalat is among others who expressed interest in the Vivendi's stake. Further proceeding with the transaction is subject to a number of conditions including completion of satisfactory due diligence, fulfillment of certain requirements and conditions precedent necessary to close the transaction.
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Etisalat: Submission of preliminary expression of interest for Vivendi's 53% stake in Maroc Telecom
- United Arab Emirates: Thursday, January 17 - 2013 at 16:00
- PRESS RELEASE
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Emirates Telecommunications Corporation (Etisalat) has submitted a preliminary expression of interest to acquire Vivendi's 53% shareholding in Itissalat Al-Maghrib (Maroc Telecom).
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Posted by Nadeen El AjouThursday, January 17 - 2013 at 16:00 UAE local time (GMT+4)
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