Tunisia car dealer Artes plans $85.5 mln share sale

Newswire

TUNIS, Feb 19 (Reuters) - Tunisian car dealer Artes plans to raise 104.3 million Tunisian dinars ($85.56 million) by floating 39.6 percent of the company on the local bourse, brokerage house Amen Invest said on Tuesday. Artes, which distributes Nissan and Renault cars, is offering 10,098,000 new shares at 10.330 dinars each, Amen reported on its Web site. It gave no subscription date and no other details. The firm reported net profit in 2006 of 20.257 million Tunisian dinars, up from ...

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