Tunis Re, towards a new capital increase

Tunis Re is seeking a strategic partner to support its development. According to Lamia Ben Mahmoud, Tunis Re’s chairman, a specification is now being prepared.
Moreover, the company intends to increase its capital from 75 million TND (45.7 million USD) to 100 million TND (61 million USD), a move that is likely to involve a new strategic partner. The whole process is due be completed in 2014.

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