Lee-Chin to acquire bigger stake in Flow parent company

Subject

News; Articles; Business

Description

Portland Investment Counsel (PIC), an outfit chaired by investor Michael Lee-Chin, plans to acquire additional shareholding in Columbus Communications. Portland is buying a portion of the holdings of one of the partners in Columbus, the parent company for the regional Flow telecoms network. Portland is currently a minority partner in Columbus. The deal will not give Portland a controlling stake, Robert Almeida, managing partner of Portland Private Equity, said Tuesday.

Creator

Steven Jackson

Source

https://jamaica-gleaner.com/gleaner/20130424/business/business2.html

Publisher

jamaica-gleaner.com

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