Mannai
MCCS
-0.23%
3.87
-0.01
MCCS
Doha-Mubasher: Mannai Corporation raised its stake in France’s Gfi informatique to 51%, according to a bourse statement.
Gfi has revenues close to €900 million and employs around 12,000 IT professionals in France and other countries.
In early April, Mannai bought 25% of Gfi’s capital and voting rights at 8.5 euros per share, totalling 16.66 million shares.
Mannai previously said this acquisition is its first step towards to hold a majority stake of 51% in Gfi.
Source:
Mubasher