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NCB Group raises $2.5b in latest APO

NCB Financial Group Limited (NCBFG) says it has successfully received applications for $2.5b in its recently completed Additional Public Offering (APO). This represents the largest APO raise since 2022.While NCBFG ....

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Mixed feeling - Jamaica Observer

With NCB Financial Group Limited's (NCBFG) extraordinary general meeting (EGM) only 11 days away, different asset managers are having mixed signals on the multi-billion-dollar additional public of. ....

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NCB Financial Group provides rationale for upcoming APO

KINGSTON, Jamaica - NCB Financial Group Limited (NCBFG) announced last week its intention to issue additional ordinary shares by Additional Public Offering (APO) following a resolution passed by its B. ....

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Barita appoints new managers, posts higher nine months profit

Barita appoints new managers, posts higher nine months profit
loopnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from loopnews.com Daily Mail and Mail on Sunday newspapers.

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Derrimon to pay up to US$9 million for New York companies

Derrimon Trading s chairman and CEO Derrick Cotterell (left) and a member of staff at one of the company s local facilities.
Derrimon Trading Company Limited says it has entered into an agreement to acquire control of a food distributor and supermarket in New York.
Led by CEO Derrick Cotterell, Derrimon has incorporated a New York subsidiary, Marnock LLC, which will acquire Brooklyn-based of FoodSaver New York Inc., a wholesale food distributor and Good Food For Less, LLC (Good Food NY), a specialty supermarket.
In a release issued on the Jamaica Stock Exchange (JSE) last week, Derrimon indicated that the consideration for these acquisitions would be in the form of both cash and shares with Marnock LLC issuing a 20 per cent minority interest to Oralcrys LLC, an entity beneficially controlled by the former owner-operator of those businesses. ....

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