30 November 2015

Colina of Mauritius Agrees to Buy 93.86% of L’Union Nationale

Co. acquiring stake from Tannous Feghali, Colina Holdings says in statement e-mailed by Stock Exchange of Mauritius.

* Saham Finances agrees to loan Colina $30m;
* “This expansion will enable the compnay to gain substantial market share in Africa”. Source: Bloomberg