Coris Bank International SA (BRVM:CBIBF) signed an agreement to acquire 67.8% stake in Société Générale Tchad from Société Générale Société anonyme (ENXTPA:GLE) on June 8, 2023. In related transaction, Coris Bank International SA agreed to acquire Société Générale Mauritanie and Vista Group agreed to acquire ociété Générale Congo and Société Générale de Banques en Guinée Équatoriale. The transaction is subject to approval of relevant financial and regulatory authorities. The transaction is expected to complete by end of 2023. Patrick Larrivé and team of ASAFO & CO. MOROCCO Sarl acted as legal advisor to Coris Bank International in this transaction.
Coris Bank International SA (BRVM:CBIBF) completed the acquisition of 67.8% stake in Société Générale Tchad from Société Générale Société anonyme (ENXTPA:GLE) on January 31, 2024.