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Saham Assurance: The OPA is acceptable, read reviews on Thursday



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By The Economist | The 28/11/2018 – 21:31 | share
Saham Assurance: The OPA is acceptable, read reviews on Thursday

The OPA, inspired by Sanlam Emerging Market (SEM Ireland), Saham Finance, Saham Insurance and Saham Financial Participations, about Saham Assurance Commitments, takes a new step. It is justified explicitly by the Moroccan Capital Market Authority (AMMC). The proposed takeover bid contains the purchase of Saham Assurance shares to a 1,450 royalty fee. The final timetable of operation will be determined later. It must be validated earlier by the Casablanca Stock Exchange. In addition, the AMMC will apply the award of the Saham Assurance on Thursday, November 29, 2018.

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