Financial Market Council Announces Expiration of Acquisition Operation for FINACORP
The Financial Market Council (CMF) has announced the expiration of an acquisition operation targeting the stock brokerage company FINACORP. In a statement published on April 20, 2026, the regulator specified that the authorization granted for the acquisition of 48.88% of Finacorp's capital by Noureddine Jebniani is now considered null and void.
Reasons for Expiration
This decision is due to the non-compliance with the execution deadlines of the operation. The CMF indicates that the transaction was not finalized within the allotted time, which automatically leads to the cancellation of the initial agreement.
Call to Market Participants
The regulator calls on all market participants to take note of this decision. This measure aims to ensure compliance with the rules and transparency of operations on the Tunisian financial market.
Key Points
- The CMF has announced the expiration of the acquisition operation for FINACORP
- The authorization for the acquisition of 48.88% of Finacorp's capital by Noureddine Jebniani is now null and void
- The decision is due to non-compliance with execution deadlines
- The CMF calls on market participants to take note of this decision to ensure compliance and transparency on the Tunisian financial market
