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Two-and-a-half years after Jamaica Producers Group partnered with Norbrook Equity Partners to acquire Grupo Alaska SA, the two companies have sold the ice and bottled water operation in Dominican Republic. The size of the deal was not disclosed....
Canopy Insurance Limited made a yearly profit for the first time since it started operations, its newly released financial results show. The health and life insurance company made $39 million profit at year ending December 2023, spinning from a...
Portland JSX Limited, a fund that invests in privately held companies in Jamaica and Latin America, has slipped deeper into losses that were nine times worse than a year ago. The fund’s annual results for year ending February 2024 were exacerbated...
The planned divestment of Jamaica Mortgage Bank, JMB, via the stock market contemplates a carve out of a large chunk of the bank for sale to a key investor prior to the public offer of shares. But the deal to be struck won’t be consummated until...
The value of equities on the Jamaica Stock Exchange rose just above $2 trillion at the end of the March quarter, with some market experts describing the period as one of quiet buying. Overall, market capitalisation has risen by around $72 billion...