Ivorian state to make surprise bid for BICICI's sale

Private investors keen to purchase shares in the capital of French bank BNP Paribas's lucrative subsidiary in Ivory Coast, the Banque Internationale pour le Commerce et l'Industrie de Côte d'Ivoire (BICICI), are readying themselves for battle. Meanwhile, the Ivorian State has quietly informed the French bank of its desire for a public institution to acquire the shares. [...] (279 words)
Issue dated 08/04/2022 Reading time 2 minutes
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