HomeNewsTunisia: Auchan acquires 10% stake in “Magasin Général”

Tunisia: Auchan acquires 10% stake in “Magasin Général”

Following the statement issued at the Financial Market Council (CMF) Official Bulletin No. 4216 of October 22, 2012, the Magasin Général Company and the ISMS Company’s (Auchan Group) announce the signing of agreements, dated Tuesday, October 30, 2012.

Consequently, the Auchan Group, via its subsidiary company New Corp now owns 10% stake of the Magasin Général Company.

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