Published By: BFN News
Tuesday 27 August, 2013 at 09:59 AM
Article originally published by BFN News. FE is not responsible for its content or accuracy and may not share the author’s views. News and research are not personal recommendations to deal. All investments can fall in value so you could get back less than you invest.
BCB Holdings has agreed to sell Caye Chapel, a resort island in Belize, for $30.0m to Yumi Limited, a British Virgin Islands company funded by private equity.
The terms of the transaction provide for an initial non-refundable payment prior a due diligence period from 1 September to 14 November and a final closing on December 20, 2013. The disposal valuation is in line with book value.
At 9:59am: (LON:BCB) share price was 0p at 17p
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