Label’Vie to be absorbed by Retail Holding as MASI slips 0.35%
The MASI closed down 0.35% at 18,630.92 points on May 5, while the MASI 20 fell 0.30% to 1,360.14 and the MASI ESG lost 0.58% to 1,320.89. Mid-caps remained under pressure, with the MASI Mid and Small Cap index down 0.34% at 1,937.17, according to market data. On the corporate front, Label’Vie will be absorbed by Retail Holding under a strategic merger plan, Finances News Hebdo reported. In trading, SOTHEMA jumped 8.2% despite the broader market decline, according to a May 5 analyst note.
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Label’Vie et Retail Holding fusionnent pour créer un géant de la distribution coté à la Bourse de Casablanca - H24info
Label’Vie et Retail Holding fusionnent pour créer un géant de la distribution coté à la Bourse de Casablanca H24info