Cote d’Ivoire: Movis Côte d’Ivoire Delists From BRVM After Buyout

TLDR

• Movis Côte d’Ivoire was officially delisted from the West African regional stock exchange (BRVM) following a public buyout by its majority shareholder, Movis International.
• The buyout offer, held from April 21 to May 21, targeted the remaining 111 shares in free float, representing the final tranche of publicly held equity
• The delisting follows three consecutive years of financial losses, totaling nearly CFA 12 billion

Movis Côte d’Ivoire (BRVM: SVOC) was officially delisted from the West…