How Tunisia’s Prime Minister Mechichi dropped the purchase of BTK (BPCE group)
Hichem Mechichi’s government has definitively put to bed any possibility of the state’s takeover of BTK (Banque Tuniso-Koweïtienne).
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▪ How Tunisia’s Prime Minister Mechichi dropped the purchase of BTK (BPCE group)
▪ Hichem Mechichi’s government has definitively put to bed any possibility of the state’s takeover of BTK (Banque Tuniso-Koweïtienne).
▪ https://www.africabusinessplus.com/en/806063/how-tunisias-prime-minister-mechichi-dropped-the-purchase-of-btk-bpce-group/
The government had until 30 October to provide the Central Bank of Tunisia with the necessary documents to officialise the purchase of majority shareholder BPCE’s shares (60%). This would have brought the State’s stake to 80%, with the remainder owned by Kuwait via its sovereign fund Kuwait Investment Authority. But, in the event, this did not happen.
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