Privatization of SOTELMA - Mali

Privatisation process
The Government of the Republic of Mali (the « Government »), as part of its telecommunications sector reform, has decided to privatize SOTELMA.

The investment bank Linkstone Capital was recruited by the Government to act as its exclusive financial advisor (the « Advisor »).

The privatisation strategy is as follows :
1. A 51% stake will be sold to a Strategic Partner that meets the prequalification criteria (the « Transaction »);2. A 19% stake will be sold in a public offer ;3. 10% of the share capital will be reserved for the employees of SOTELMA.
After completion of these three tranches, the Government will hold a 20% residual shareholding..

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