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Morocco's SNI to sell 23.6pc stake in Lesieur

Rabat, May 17, 2014

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.

Morocco's financial market watchdog CDVM suspended trading in Lesieur Cristal shares on Friday, pending an important announcement.-Reuters




Tags: Morocco | Stake | SNI |

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