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FINANCIAL NEWS
UAE’s Etisalat submits bid for Vivendi’s stake in Maroc Telecom
25 Apr 2013
(MENAFN) Emirates Telecommunications Corp (Etisalat) announced that it has presented an offer to acquire Vivendi Group’s 53-percent stake in Maroc Telecom, reported Emirates 24/7.
The UAE telecom operator added that the offer takes into account the outcomes of the due diligence exercise that was recently finished.
Furthermore, the offer will be obligatory until the end of the second business day following the endorsement of the company’s extraordinary general meeting.
It is worth noting that French Vivendi’s stake in Itissalat Al- Maghrib supposedly has a market value of USD5.9 billion.
More News
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BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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