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AMMC approves Label’Vie-Retail Holding merger prospectus

By , based on La Vie éco

AMMC approves Label’Vie-Retail Holding merger prospectusWassim Benki 0690 · CC BY-SA 4.0

The Moroccan Capital Market Authority (AMMC) approves the prospectus for the merger between Label’Vie and Retail Holding, with an exchange ratio of 11 Label’Vie shares for 8 Retail Holding shares. The issue price reaches 5,927.84 dirhams per share, according to La Vie éco.

The exchange ratio for the merger between Label’Vie, a Moroccan retail group, and Retail Holding is set at 11 Label’Vie shares for 8 Retail Holding shares. The issue price is set at 5,927.84 dirhams per share, according to La Vie éco.

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