Société Générale/Saham: What would change?
The Saham group is said to be negotiating the purchase of Société Générale France’s shares in its Moroccan subsidiary, Société Générale Maroc. The news, which hit the media at the end of last week, caused quite a stir. The Saham Group, owned by the well-known Moroccan businessman and former Minister of Industry and Trade, Moulay Hafid Elalamy, is said to be in talks to acquire all the French shares in Société Générale Morocco. However, nothing official has yet been announced.
