Tunis Re seeking a strategic partner
The transaction, estimated at 25 million TND (14.1 million USD) will increase the capital of Tunis Re at 100 million TND (56.4 million USD). The Tunisian reinsurer has stipulated being in search for a strategic partner able to "participate in strengthening the technical, financial and commercial capacity" of the company.
The offer, made for insurers/reinsurers, banks, specialized investment funds and internationally renowned financial instittutions, will be launched on the 6th October 2014 and closed in February 2015.
Timetable
- 6 October 2014 Launch of technical pre-qualification exercise
- 14 November 2014:Deadline for submission of expressions of interest
- 24 November 2014:Pre-qualification notification
- 23 January 2015:Deadline for submission of financial offers
- February 2015:Closing of deal
Attachment | Size |
---|---|
TunisRe_Annonce_10-2014_En.pdf | 82.83 KB |
0
Your rating: None
Fri, 19/09/2014 - 10:17
The online magazine
Live coverage
16:28
16:04
11:51
04/24
04/24
Latest news