Sale of Carthage Cement delayed

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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

URL: https://www.globalcement.com/news/item/8639-sale-of-carthage-cement-delayed

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