Jul 2023 Financial News

ANSA McAL Limited - Acquisition of shares in Bahamian Brewery & Beverage Company Limited

Jul 12, 2023

Acquisition of shares in Bahamian Brewery & Beverage Company Limited (“BBBCL”).

We confirm that with effect from 7th July 2023, ANSA McAL Limited (“ANSA McAL”) completed the acquisition of a minority interest in the issued and allotted ordinary share capital of BBBCL. The shareholders of BBBCL entered into a Shareholders’ Agreement with ANSA McAL consenting to the acquisition, pursuant to the Share Purchase Agreement executed on 14th November 2022.

ANSA McAL is now a proud shareholder of BBBCL, a Bahamian company which distributes, retails and brews beers, and produces non-alcoholic beverages.

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Source:
The Trinidad and Tobago Stock Exchange Limited
Wednesday 12th July, 2023