
regulatoryTunisAfrivestia
BA Glass takes 41.28% of SOTUVER as TUNINDEX rises 0.19%
Tunisia's CMF approved BA Glass B.V.'s acquisition of 41.28% of SOTUVER, according to Tustex, La Presse de Tunisie and Business News. The block trade covers 16.2 million shares and triggers a mandatory tender offer, d'après Leconomiste Maghrebin and African Manager. At the close on April 7, the TUNINDEX rose 0.19% to 15,441.14 points and the TUNINDEX20 added 0.20% to 6,857.39 points. In the session, Officeplast jumped 5.6% and Smart Tunisie gained 6% in what market notes on April 6 and April 7 described as a selective market.