The government of the Bahamas is seeking financial advisers for a planned listing of a stake valued at US$37m in Bahamas Telecommunications Company (BTC), local paper Tribune reported.
The article stated that the Bahamas finance ministry advertised that…
The government of the Bahamas is seeking financial advisers for a planned listing of a stake valued at US$37m in Bahamas Telecommunications Company (BTC), local paper Tribune reported.
The article stated that the Bahamas finance ministry advertised that it is soliciting bids from advisory banks for the sale of a 9% stake in BTC over the next weeks. Offers are due by 12 September.
RoyalFidelity Merchant Bank & Trust is a likely bidder for the role, the article stated.
