Y. M. Fotso’s assets in Commercial Bank Centrafrique sold in public auction

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Y. M. Fotso’s assets in Commercial Bank Centrafrique sold in public auction

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- Wednesday, 18 March 2015 02:46

(Business in Cameroon) - On March 31, 2015 in Bangui, “the public auction of all related rights and securities” in Commercial Bank Centrafrique, belonging to Fotso Group Holdings and Capital Financial Holdings Luxembourg, as well as those of Yves Michel Fotso, the Cameroonian businessman who runs both establishments.

The auction concerns some 136,250 shares worth a nominal value of 10,000 FCFA per unit (or 1,362,500,000 FCFA in cash), held by the above-mentioned companies in Commercial Bank Centrafrique.

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