The Board of the Cyprus Stock Exchange (CSE) announced that it has today signed an agreement with the Harneys Loizou Armila Shearman Consortium as the experts appointed to prepare a business plan for the Cyprus Stock Exchange, as well as handling all legal issues and actions required to select the most suitable strategic partner/investor for the Cyprus Stock Exchange.
A CSE announcement states that the Board of the Exchange reached the above Agreement in the context of the preceding open tender and tender evaluation process.
The offer of the above consortium was evaluated as the most economically advantageous on the basis of the best price-quality ratio, in accordance with the terms of the tender, CAC said, adding
(CNA)
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