The Jamaica Money Market Brokers Limited (JMMB) now has a 100 percent shareholding in Trinidad & Tobago’s Intercommercial Bank (IBL).
This follows the company’s acquisition of the remaining 50 percent shareholding held by the Mittal family of India yesterday. The transaction was confirmed in a brief statement which also said that the shareholding disposed of was owned by private companies connected to the Mittal family.
The Jamaica Money Market Brokers Group had previously
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