Majorel Group, Bertelsmann set for initial public offering on Amsterdam Euronext

MOROCCO – Majorel Group, a subsidiary of Morocco’s Saham Group, and its German partner Bertelsmann, is considering an initial public offering (IPO) on the Amsterdam Euronext for the second half of 2021. German newspaper Handelsblatt reports Germany’s Bertelsmann has set a billion-euro IPO of its call centre business Majorel on the Euronext in Amsterdam. Euronext is a pan-European exchange group, operating stock exchanges in Amsterdam, Brussels, Dublin, Lisbon, London, Milan, Oslo and Paris. The shares held by Bertelsmann and the Saham Group will be offered to institutional investors in private…

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