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BIM announced that the sale of shares in the Moroccan unit has been completed

The sale of 35% shares in BIM’s affiliate in Morocco was completed with a transaction value of $83.2 million.

BIM announced that the sale of 35% shares in its affiliate in Morocco was completed with a price of $83.2 million. The profit to be generated as a result of the sales was increased from the ₺455 million level announced in December to ₺587 million.

In the statement made by BIM to KAP yesterday evening, the sale of 35% of BIM Stores Sarlau, which carries out its Moroccan activities announced in December, has been completed.

The shares were sold to Blue Investment Holding, which is managed by the UK-based private equity fund Helios Investment Partners, which is an expert in investing in African countries, as previously explained.

Source: NTV / Translated by Irem Yildiz

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