UK Investor to Purchase 35% Share of BIM’s Morocco Subsidiary ...Morocco

Rabat – Turkish discount chain BIM signed a deal to sell 35% of the minority shares of its subsidiary in Morocco,BIM Stores SARL, to private equity fund Helios Investment Partners.Turkish news outlet Daily Sabah quoted a statement from BIM today, announcing the company’s decision.BIM Executive Board Member Haluk Dortluoglu said the Turkish retailer opened 37 new stores in 2020 alone. The new openings bring the number of the company’s stores in Morocco to 534.“We are opening a new page in Morocco with Helios Investment Partners, a specialized investment fund in the African region, being our minority shareholder,†theBIMexecutive said.The move to sell 35% of the company’s shares to th

Hence then, the article about uk investor to purchase 35 share of bim s morocco subsidiary was published today ( Thursday 10/12/2020 - 02:30 AM ) and is available on Marocpress ( Morocco ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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