Tunisie Valeurs, a publicly traded company in Tunis, has initiated discussions with institutional investors, aiming at a strategic rapprochement.
“The decision to open the capital is motivated by the desire of shareholders of “Tunisie Valeurs” to rely on an industrial partner, allowing it to develop business synergies to accelerate growth.”
This was announced in a press release from the company.
According to the same press release, “the negotiation process with the various parties should lead to a choice in the first quarter of the year 2020.
It should be noted that the realization of the transaction will remain dependent on the results of the financial and legal proceedings and obtaining the administrative authorizations in force.
Tunisie Valeurs undertakes to keep the public informed of the progress of the process in due time.