The sale of 35% of Marsa Maroc to Tangier Med actée

It is done. The sale of 35% of Marsa Maroc to the Tanger Med group materialized on Wednesday July 28 on the block market of the Casablanca Stock Exchange. The shares of the port operating company were thus sold in three packages of 8,990,961, 13,029,640 and 3,667,859 shares at a unit price of 206.50 DH. In total, more than 5.3 billion DH for more than 25.68 million shares. The State thus retains a direct stake of 25% of the company’s capital and voting rights.
As a reminder, this strategic transaction was announced on day before, leading to a suspension of the listing of the Marsa Maroc share. The latter resumed Wednesday, the action having traded at 252.40 DH on the central market, up 1.06% compared to the last price. “This operation falls within the framework of the High Royal Guidelines relating to the reform of the public sector. The State is thus continuing its policy of supporting the various identified strategic sectors, in particular through the public enterprises that it controls ”, notes Marsa Maroc. Tanger Med and Marsa Maroc, which will keep their independence, will be able to “better support Moroccan industrialists, importers and exporters, with a more efficient and competitive service offer, in a context of dynamic reconfiguration of international logistics corridors”, he said. underline.