Nov 2024 Financial News

NCB Financial Group Limited - Notice of Execution of Sale and Purchase Agreement

Nov 21, 2024

NCB Financial Group Limited (NCBFG) advises that the Board of Directors of its subsidiary, Guardian Holdings Limited, has approved the execution of a Sale and Purchase Agreement with PIB Group Limited for the sale of 100 percent of the shares of Thoma Exploitatie B.V. (Thoma). Thoma is Guardian Group Fatum’s Insurance Brokerage business in the Netherlands. The transaction is to be effected through a closed sale process and would align with the efforts of NCB and Guardian to enhance shareholder value. The transaction is subject to regulatory approval in the Netherlands.


Source:
The Trinidad and Tobago Stock Exchange Limited
Thursday 21st November, 2024