Naciri and Allen & Overy advise on TGGC IPO in Casablanca
The IPO of TGCC, one of the heavyweights of the Moroccan construction industry, is estimated at €58 million. It was initiated partly by the MCP fund, which acquired a stake in the company in 2018.
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▪ Naciri and Allen & Overy advise on TGGC IPO in Casablanca
▪ The IPO of TGCC, one of the heavyweights of the Moroccan construction industry, is estimated at €58 million. It was initiated partly by the MCP fund, which acquired a stake in the company in 2018.
▪ https://www.africabusinessplus.com/en/810167/naciri-and-allen-overy-to-advise-on-tggc-ipo-in-casablanca/
Naciri & Associés, a member of the Allen & Overy network, is a suitable choice for Morocco’s first and probably only IPO of the year. Its founder, Hicham Naciri, is one of the most prominent lawyers in the market and will assist the construction group Travaux Généraux de Construction de Casablanca (TGCC), whose main shareholder is CEO Mohamed Bouzoubaa.
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