The Cyprus Stock Exchange (CSE) announced on Wednesday it signed an agreement with Harneys Loizou Armila Shearman Consortium, as the consultants assigned with the tasks to prepare a business plan for the Cyprus Stock Exchange, as well as to undertake the handling of all legal issues and actions required to select the most suitable strategic partner/ investor for the Cyprus Stock Exchange.
A press release issued by CSE said the Council of the Stock Exchange has concluded the above agreement following an open Tender Offer procedure and evaluating the resulting offers from the interested parties.
The tender of the above Consortium was evaluated as the most economically advantageous, based on the best price-quality criteria, in accordance with the terms of the Tender Procedure, the release said adding this effort is part of the broader strategic plan for the
Source: Cyprus News Agency