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Deals & Disputes
Gide advises Société Générale on acquiring a majority stake in Mauritius Commercial Bank Mozambique
Gide has advised Société Générale in the context of its agreement with Mauritius Commercial Bank, one of the main and oldest banking institutions in Mauritius, to acquire a stake in Mauritius Commercial Bank Mozambique (MCBM). Société Générale will own the majority of the capital through a capital increase reserved for the Group.
The operation must be approved by the Central Bank of Mozambique.
The Gide team advising Société Générale on this operation comprised partner Guillaume Rougier-Brierre and Christophe Monnet with Miranda assistance in Mozambique.