The Tunisian investment bank CAP Bank announced the acquisition of 51% of the capital of the intermediary on the Cofib Capital Finances stock market after the green light of the Financial Market Council (CMF).
With this umpteenth acquisition, CAP Bank will expand its services and will have a range of services expected from a merchant bank.
Cofib Capital Finances has been active in the financial market since obtaining its stock market intermediary’s approval on the 14 April 1994. It has confirmed its presence since the merger, in October 1998, companies “Cofib”, a subsidiary of the group LA CARTE and “Capital”, brokerage independent.
Becoming CAP Bank in 2016, the institution focuses on its activities in Africa with a real potential for development. CAP Bank currently operates in mergers and acquisitions, corporate finance, corporate finance and private equity activities.