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CREDIT AGRICOLE SA: Crédit Agricole S.A. sold its remaining stake in Crédit du Maroc to the Moroccan group Holmarcom
Source: Nasdaq GlobeNewswire / 07 Jun 2024 10:45:00 America/Chicago
Montrouge, 7 June 2024 Crédit Agricole S.A. sold its remaining stake in Crédit du Maroc
to the Moroccan group HolmarcomCrédit Agricole S.A. today announced that it has sold its remaining 15% stake in Crédit du Maroc to the Moroccan group Holmarcom.
This transaction is part of the agreement announced in April 2022 to sell Crédit Agricole S.A.'s entire stake in Crédit du Maroc to the Holmarcom group. After selling a first tranche of 63.7% in December 2022, Crédit Agricole S.A. has today sold the second remaining tranche of 15%.
This transaction takes place after regulatory approvals have been obtained and Crédit du Maroc's autonomisation process has been finalised, in accordance with the announced schedule.
CRÉDIT AGRICOLE S.A. PRESS CONTACTS
Alexandre Barat: +33 1 57 72 12 19 alexandre.barat@credit-agricole-sa.fr
Olivier Tassain: +33 1 43 23 25 41 olivier.tassain@credit-agricole-sa.fr
CONTACTS RELATIONS INVESTISSEURS CRÉDIT AGRICOLE S.AInvestor relations +33 1 43 23 04 31 investor.relations@credit-agricole-sa.fr Individual Shareholders +33 800 000 777 (Freephone number) relation@actionnaires.credit-agricole.com See all our press releases at: www.credit-agricole.com.
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