GB Chamber president hopes for improvement with sale of BSL Holdings

Mon, Nov 1st 2010, 05:31 AM

Freeport, Grand Bahama - Grand Bahama Chamber of Commerce President K. Peter Turnquest said he hopes the impending sale of BSL Holdings will improve the quality and quantity of inventory of the three City Market food stores operated by BSL, which residents have complained about for months.
Last week it was revealed that BSL Holdings had entered into a memorandum of understanding with Associated Grocers of The Bahamas Limited (AGBL) for the sale of its 77.762 percent of shares.
The sale, which is subject to regulatory approval, is expected to close on or before November 5, the company has said.
The remaining 22.238 percent of shares are owned by the Bahamian public and their ownership un ...

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