Friday 19 April 2024
 
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Morocco's SNI to sell 23.6pc stake in Lesieur

SNI, the investment vehicle of Morocco's royal family, will sell its remaining 23.6 per cent stake in cooking oil producer Lesieur Cristal in a public sale, a statement from the country's stock exchange regulator said. Mor

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Moroccan royal firm sells stake in top sugar group

The investment arm of Morocco's royal family, SNI, sold a 24.5 per cent stake in Cosumar, its sole sugar supplier, to a group of local institutional investors, traders said, as it moves to divest some of its extensive holdings.

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