Thursday, April 25, 2024

Sir Allan knocks stock exchange

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BUSINESSMAN Sir Allan Fields is questioning the failure of the Barbados Stock Exchange to put a stop so far to the sale of Banks Holdings Limited (BHL) shares.

Sir Allan, a former BHL chairman, said it would be the appropriate action to take while Brazilian beer giant AmBev battles Trinidad-based ANSA McAL for control of the Barbadian beverage conglomerate.

AmBev is making the bid for BHL through St Lucian-registered SLU Beverages Ltd, a company it acquired just two months ago. However, SLU has been a BHL shareholder for about ten years.

Please read the full story in today’s Sunday Sun, or in the eNATION edition.

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