Strategic partnership between Tunisia's Assad and European Monbat to be finalised before end June 2018 | Tunisia News Gazette

Strategic partnership between Tunisia’s Assad and European Monbat to be finalised before end June 2018

Tunisian Accumulator Assad announces that the strategic partnership with the potential buyer Monbat (European Group specialising in manufacture and distribution of batteries) will be concluded at the end of the first half of 2018.

The partnership project is currently in the advanced phase of negotiation, and the common goal of both parties is to complete the process before the end of the first half of 2018,” the company said in a statement published on the website of the Tunis Stock Exchange.

It added that the partnership was delayed following the wish of the partner to complete its due diligences after approving the financial statements of the year 2017.

Source: TAP News Agency

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