The Moroccan Capital Markets Authority has approved the prospectus for a mandatory takeover bid for CMT shares launched by AYRAD GROUP LIMITED, OSEAD FUND, AYRAD MAROC and CIMR. The offer covers 611,898 shares at MAD 2,217 each, with a maximum value of MAD 1,356,577,866. It will run from Nov. 3 to Nov. 17, 2026, inclusive.
Moroccan Capital Markets Authority approves prospectus for mandatory CMT takeover bid worth up to MAD 1.36 billion
The Moroccan Capital Markets Authority has approved the prospectus for a mandatory bid covering 611,898 CMT shares at MAD 2,217 per share. The offer, worth up to MAD 1.36 billion, will be open from Nov. 3 through Nov. 17, 2026.