Banque Marocaine du Commerce Exterieur Mergers and Acquisitions


Banque Marocaine du Commerce Exterieur

140, avenue Hassan II
Casablanca 20000
Morocco
Tel:212/22-200-492
URL: http://www.bmcebank.ma
Primary Symbol & Exchange:
BCE - Ordinary Shares - Casablanca
Other Symbol & Exchange:
BMED - GDR - London
Industry:
Banking
Banque Marocaine du Commerce Exterieur Company Snapshot

Banque Marocaine du Commerce Exterieur Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

Banque Marocaine du Commerce Exterieur M&A History


Investor Group acquires Medi Telecom SA from BMCE Investor Group acquires  Medi Telecom SA from BMCEJun 01, 2009

Morrocco - An investor group, comprised of Portugal Telecom and Telefonica Intercontinental, a unit of Telefonica SA, acquired a ##% interest in Medi Telecom, a GSM mobile phone operator.

BFCM acquires a minority stake in BMCE BFCM acquires a minority stake in BMCEJan 05, 2009

MOROCCO - Banque Federative du Credit Mutuel {BFCM}, a unit of Caisse Federale du Credit Mutuel Central Est Europe, acquired a ##% stake, or ##.### mil ordinary shares, in Casa Principale-based Banque Marocaine du Commerce Exterieur {BMCE}, in a

CIC acquires a minority stake in BMCE CIC acquires a minority stake in BMCEMar 25, 2008

MOROCCO - Credit Industriel et Commercial {CIC} of France, a majority-owned unit of Credit Mutuel SA, raised its stake to ##% from ##% by acquiring a #% stake, or #.# mil ordinary shares in Casablanca-based Banque Marocaine du

Caja de Ahorros Mediterraneo acquires a minority stake in Banque Marocaine du Commerce (pending) Caja de Ahorros Mediterraneo acquires a minority stake in Banque Marocaine du Commerce (pending)Apr 17, 2007

MOROCCO - Caja de Ahorros del Mediterraneo SA of Spain agreed to acquire a #% stake in Casablanca-based Banque Marocaine du Commerce Exterieur, for #,###.### mil Moroccan dirhams ($###.### mil US), in a privately negotiated transaction.

Banque Marocaine du Commerce acquires a minority stake in Bank of Africa Banque Marocaine du Commerce acquires a minority stake in Bank of AfricaMar 16, 2007

MALI - Banque Marocaine du Commerce Exterieur of Morocco acquired a ##% stake in Bozola Bamako-based Bank of Africa {BOA}.

Finance.com acquires Medi Telecom SA from Banque Marocaine du Commerce Finance.com acquires Medi Telecom SA from Banque Marocaine du CommerceFeb 28, 2005

MOROCCO - Finance.com acquired Medi Telecom SA, a Casablanca-based provider of wireless telecommunications services, from Banque Marocaine du Commerce Exterieur.

CIC acquires a minority stake in BMCE CIC acquires a minority stake in BMCEJun 07, 2004

MOROCCO - Credit Industriel et Commercial {CIC} of France, a majority-owned unit of Credit Mutuel SA, acquired a ##% stake in Banque Marocaine du Commerce Exterieur, a Casablanca-based bank, for ###.## mil Moroccan dirhams (## mil euros/$##

Banque Marocaine du Commerce acquires Credit Pour L'Agriculture privatized by DRC Banque Marocaine du Commerce acquires Credit Pour L'Agriculture privatized by DRCApr 01, 2004

FRANCE - Banque Marocaine du Commerce Exterieur of Morocco acquired Congolese state-owned Credit Pour L'Agriculture L'Industrie et le Commerce SA, a bank.

Banque Marocaine du Commerce acquires Maghrebail Banque Marocaine du Commerce acquires MaghrebailMay 23, 2000

MOROCCO - Banque Marocaine du Commerce Exterieur (BMCE) and its subsidiary Interfina, jointly acquired ###,### shares, or about a ##% stake, in Maghrebail, leasing company, for ### Moroccan dirhams ($##) per share, or a total of ##.### mil dirhams

Banco Espirito Santo SA acquires a minority stake in Banque Marocaine du Commerce (pending) Banco Espirito Santo SA acquires a minority stake in Banque Marocaine du Commerce (pending)May 20, 2000

MOROCCO - Banco Espirito Santo of Portugal planned to acquire a #% stake in Banque Marocaine du Commerce Exterieure, for ###.## mil dirhams ($## mil US).

Banque Marocaine du Commerce acquires a minority stake in CTM-LN (pending) Banque Marocaine du Commerce acquires a minority stake in CTM-LN (pending)Apr 09, 1999

MOROCCO - Banque Marocaine du Commerce Exterieur planned to increase its holding to ##% from ##% in Cie Marocaine des Transports-Lignes National, bus line company, by acquiring an ##% stake from Al Amane, a unit of AXA SA.

Banque Marocaine du Commerce acquires a minority stake in CTM-LN Banque Marocaine du Commerce acquires a minority stake in CTM-LNDec 31, 1998

MOROCCO - Banque Marocaine Du Commerce Exterieur {BMCE} increased its holding to ##% from ##% in Cie Marocaine des Transports-Lignes Nationale, bus line company, by acquiring #% stakes from Bank Al Amal and Banque Centrale Populaire.

Nomura Investment Management acquires a minority stake in Banque Marocaine du Commerce Nomura Investment Management acquires a minority stake in Banque Marocaine du CommerceJun 24, 1997

Nomura Investment Management acquired a ##% stake in Banque Marocaine du Commerce Exterieur for ###.# mil Morrocan dirhams ($### mil US) in a privately negotiated transaction.

Commerzbank AG acquires a minority stake in Banque Marocaine du Commerce Commerzbank AG acquires a minority stake in Banque Marocaine du CommerceMar 10, 1997

Commerzbank raised its stake in Banque Marocaine du Commerce Exterieur to ##% from #.#% in a privately negotiated transaction.

Royal Marocaine d'Assurance acquires a minority stake in Banque Marocaine du Commerce Royal Marocaine d'Assurance acquires a minority stake in Banque Marocaine du CommerceFeb 15, 1996

Royal Marocaine d'Assurance raised its stake in Banque Marocaine du Commerce Exterieur (BMC) to ##.#% from ##.#% by acquiring a #% stake, or ###,### ordinary shares, at ### Morrocan dirhams ($##.## US) in cash per

Banque Marocaine du Commerce privatized Banque Marocaine du Commerce privatizedDec 31, 1995

The Moroccan government split off a #% stake in its ##% state-owned Banque Marocaine du Commerce Exterieur (BM) to employees. Earlier, the government split off a ##% stake and a ##% stake in BM to the public. Upon completion

Banque Marocaine du Commerce privatized Banque Marocaine du Commerce privatizedApr 19, 1995

The Moroccan government split off a ##% stake, or #.# mil new ordinary shares, in Banque Marocaine du Commerce Exterieur (BM), to the public including Royale Marocaine d'Assurances, for ### Moroccan dirhams ($##.### US) in cash per

Banque Marocaine du Commerce privatized Banque Marocaine du Commerce privatizedJan 20, 1995

The Moroccan government split off a ##% stake in its ##% state-owned Banque Marocaine du Commerce Exterieur to the public for ### Moroccan dirhams ($##.## US) per share, or a total of ###.# mil dirhams ($##.##

Banque Marocaine du Commerce Exterieur M&A Summary


Banque Marocaine du Commerce Exterieur has made 1 acquisitions while taking stakes in 3 companies. Banque Marocaine du Commerce Exterieur has 10 divestitures during this period.
YearAcquisitionsStakesDivestitures
2009002
2008001
2007010
2006000
2005001
2004101
2003000
2002000
2001000
2000010
1999000
1998010
1997002
1996001
1995002
Total1310

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