Sunday, May 27, 2012

JMMB-CCFG deal to close June 15 - Business - JamaicaObserver.com

JMMB-CCFG deal to close June 15 - Business - JamaicaObserver.com: "JAMAICA Money Market Brokers (JMMB) opened its formal offer to buy out Capital and Credit Financial Group (CCFG) today, giving shareholders up to June 15 to respond to its bid.
The finance minister already gave JMMB the nod to proceed with the acquisition, which will see CCFG shareholders getting $4.55 per share — 70 per cent in cash and the remainder in JMMB shares."

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