Barita Investments Limited is report a 379.7% improvement in net profit to JA$108.4 million, even amid a significant impact by foreign currency translation losses totaling $179.5 million for the first quarter of the 2019 financial year. With a stable currency, the profit levels would have been $288 million for the quarter they report. Mark Myers […]
Cornerstone Investments Holdings Offers Rita Humphries-Lewin JA$3B To Acquire Majority Position In Barita Investments.
Cornerstone Investments Holdings Limited has formally presented its offer to acquire a majority position in Barita Investments. The offer of JA$9.20 for approximately 334 million Barita shares is expected to cost Cornerstone Investments JA$3 Billion. Corner Stone is seeking to acquire no more and no less than 75 percent of the company, as they intend […]
