24 Hrs
Source:
تونزي تيليغراف
Tunisian-American olive oil firm sale without buyer
The deal concerns an attempt to sell a stake in the Tunisian-American Olive Oil Company, comprising 29,200 shares representing 23.03% of the company's capital, at an asking price of 14.050 dinars per share. This price is 40.5% higher than the nominal value. So far, no buyer has been found at the desired price, and negotiations are underway again at the end of August, pending price stability and confirmation of the sale. The company, which specializes in bottling and marketing olive oil, has received international awards for its products. Currently, it faces the challenge of assessing the true value of the company, as recent financial data is unavailable, making it difficult to determine if the asking price is realistic before concluding the deal and attracting potential investors.
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