Strategic merger between the two entities
Signature of a memorandum of understanding between FINANCECOM and SAHAM FINANCES through their respective subsidiaries BMCE BANK OF AFRICA and SAHAM ASSURANCE laying out the guiding principles for the strategic merger of their respective subsidiaries operating in the consumer credit sector, namely SALAFIN and TASLIF…
… And, this merger is expected to materialize through an M&A operation of TASLIF by SALAFIN led by a capital increase of SALAFIN reserved for TASLIF shareholders, for an exchange parity of 1 SALAFIN share for 39 TASLIF stocks.
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