IIB sells stake in Tunisian car distributor
MANAMA, April 12, 2016
International Investment Bank (IIB) has exited from its investment in Artes, a listed Tunisian-based automobile distributor, selling it at an attractive price of 7.1 Tunisian dinars ($3.5) per share through block sales on the Tunisian Stock Exchange, said a report in the Gulf Daily News (GDN), our sister publication.
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