Commonwealth Brewery to add 250m in market cap to BISX

Mon, May 23rd 2011, 04:25 AM

Commonwealth Brewery Limited (CBB) will list 30,000,000 shares on the Bahamas International Securities Exchange (BISX) at an opening price of $8.33, which will add approximately $250 million in market capitalization to the exchange.
BISX announced on Friday that the listing application submitted by the brewery has been formally approved by the BISX Listing Committee.
The company has been added to the official roster of companies listed on the exchange. The ordinary shares will trade through the BISX Automated Trading System (BATS) under the symbol “CBB”.
The listing of CBB on BISX is the culmination of an effort that started earlier this year, with CBB completing the largest ...

Click here to read more at The Nassau Guardian

 Sponsored Ads