RABAT, Aug 5 (Reuters) - Morocco will cede a 38-percent state stake in car assembler Somaca to private investors by the end of this year, a finance ministry official said on Monday.
With a capital of 60 million dirhams ($5.6 million), Somaca was established in Casablanca in 1959 and employs around 800 technicians and workers.
"As planned, the government will cede all the state stake in Somaca, or 38 percent of the capital, to private investors with a pre-emption right to ...
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