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News Sale of Carthage Cement delayed

Sale of Carthage Cement delayed

Written by Global Cement staff 18 January 2019
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Tunisia: Al Karama Holding says that that sale of a 50.5% share in Carthage Cement has been delayed following the latest round of bidding. The latest round of bids was extended to 7 December 2018 from 6 July 2018, according to local media. However, none of the pre-selected bidders were able to submit a qualifying financial offer. Some of the investors have contacted Al Karama Holding to confirm their interest in the purchase subject to certain conditions.

Last modified on 23 January 2019
Published in Global Cement News
Tagged under
  • Tunisia
  • Carthage Cement
  • Sale
  • Government
  • Al Karama Holding
  • GCW388
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