By NEIL HARTNELL

Tribune Business Editor

BUSINESSMAN Mark Finlayson is withdrawing his $12 million 'hostile takeover' bid to acquire a 51 per cent majority stake in AML Foods, after the Associated Bahamian Distillers and Brewers (ABDAB) Board decided the company's shareholders would gain better returns from City Markets' organic expansion instead.

Speaking with Tribune Business following last week's ABDAB Board meeting, Mr Finlayson said that while the directors approved the acquisition of the 78 per cent Bahamas Supermarkets stake owned by his family's 100 per cent-controlled investment vehicle, Trans-Island Traders, they felt there was "not enough value" for ...

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