Tag Archives: dividends

  1. Royal Fidelity Management Buyout: What Bajans Need To Know

    Royal Fidelity Merchant Bank & Trust Limited announced as a result of a management led buyout, RF Holdings Limited (“RF Holdings“) a newly formed Bahamian holding company, has agreed to acquire 100% of its issued and outstanding shares that were previously held on a 50/50 basis by RBC Royal Bank of Canada and Fidelity Bank […]

    February 6, 2019Business, FeaturedNo comments
  2. ICBL Poised to Finish 2015 Strong – Encouraging Signs Being Seen for 2016

    ICBL (The Insurance Corporation of Barbados Limited) is poised to finish the year strongly, supporting recent arguments that there are signs of improvement being seen in the Barbados economy. In its nine month report for the period ended September 30, 2015, ICBL reported positive results in a number of key areas, in particular shareholder income […]

    December 17, 2015BusinessNo comments
  3. Testosterone War Over BHL proceeds apace – Increased price offer from SLU?

    SLU Beverages, Ltd. wishes to advise all shareholders of Banks Holdings Limited of its intention to amend its previous offer to purchase all issued and outstanding common shares in Banks Holdings Limited to an increased gross cash price of BDS $7.10 (seven Barbados dollars and ten cents), reduced by any Barbados Stock Exchange fees applicable […]

    December 6, 2015ControversyNo comments
  4. Who has a bigger d**k? ANSA McAL INCREASES B.H.L OFFER TO $7.20

    ANSA Mc AL (Barbados) Limited upped the ante yet again for shareholders of Banks Holding Limited (BHL) by making a bid to purchase 100 percent of the issued Common shares in BHL at an upwardly revised BBD $7.20. This amended unconditional offer represents an increase of 20 cents over the last offer announced by ANSA […]

    December 6, 2015BusinessNo comments

    ANSA McAL Limited (ANSA McAL) is advising all shareholders of Banks Holding Limited (BHL) of its intention to amend its offer to purchase 100 percent of the issued Common shares in Banks Holdings Limited (BHL) to BBD $7.00. This amended offer represents an increase of $1 over the last offer made by ANSA McAL on […]

    November 22, 2015Breaking News, Business, FeaturedNo comments

    ANSA McAL (Barbados) Limited will be appealing the Courts’ decision last Friday to lift the injunction that blocked trading of shares and bidding for control of Banks Holdings Limited. President, CEO of ANSA McAL (Barbados) Limited. Most of the BHL shareholders who intend to join with ANSA McAL in the class action suit have shareholding […]

    November 18, 2015Breaking News, Business, FeaturedNo comments
  7. FLOW gets yet another new owner

    Lime then Flow, now Liberty? It’s official – Cable & Wireless Communications (CWC), the company which trades here as FLOW, has been bought by John Malone’s Liberty Global Plc in a cash-and-stock transaction valued at 3.5 billion pounds (US$5.3 billion), extending the US billionaire’s European cable empire deeper into Latin America and the Caribbean with […]

    November 17, 2015Breaking News, Business, FeaturedNo comments

    If Ansa McAL succeeds in bringing Banks Holdings Limited into its vast protfolio of local and ragional businesses, it will cost the conglomerate over 400 million dollars. Mouttet said his group was very keen to avoid any unnecessary delays in the takeover process and had requested of the court a short interim injunction period and […]

    November 8, 2015Business, FeaturedNo comments
  9. Digicel has decided not to proceed with its planned IPO at this time

    Despite significant support for the IPO from a high quality group of investors during the marketing period, current conditions, particularly in emerging markets, have impacted transaction momentum over recent days. “Digicel is now at a key juncture in our growth story following a $1.5 billion investment programme over the past three years; we generate strong […]

    October 11, 2015Business, FeaturedNo comments
  10. CWC’s 1st Quarter Trading in line with outlook & Columbus integration progressing well

    This announcement provides an update on the First Quarter performance and financial position of the Group since the year ended 31 March 2015. Interim results for the period ending 30 September 2015 are expected to be announced on 5 November 2015. Highlights Group revenue of US$583 million, up 4% CWC (excluding Columbus) revenue grew by […]

    July 22, 2015Business, FeaturedNo comments
  11. Columbus International Inc. closes US$1.25 mil. Bond Offering, setting stage to fund continued Caribbean-Latin America expansion plans

    Columbus International Inc. (“Columbus“) today announced that on March 31, 2014 it closed the issuance of a US$1,250,000,000 offering of senior unsecured notes. The notes were issued with a 7.375% coupon, priced at par and will mature in 2021. A portion of the proceeds of the offering was used to retire US$640,000,000 senior secured 11.5% […]

    April 8, 2014BusinessNo comments