Financial Market Council Sets Conditions for Mandatory Tender Offer for Tunisian Automobiles Company (STA)
The Financial Market Council (CMF) has set the conditions for the mandatory tender offer (OPA) for Kilani Holding, which covers the remaining shares making up the capital of Tunisian Automobiles Company (STA).
This operation was initiated by Kilani Holding, which currently holds 1,081,223 shares, representing 54.06% of STA's capital. The OPA aims to acquire the remaining 918,777 shares, representing 45.94% of the company's capital.
In accordance with the prevailing regulations, Kilani Holding undertakes to acquire on the market all securities presented in response to the offer, within the limit of the concerned shares, during the validity period of the offer.
This notice is issued under the joint responsibility of the offer and the targeted company, each in their respective capacities.
