Over 70 firms eye BCL assets

Dixon-Warren says deadline for submission of expression of interests closed yesterday
Dixon-Warren says deadline for submission of expression of interests closed yesterday

SELEBI-PHIKWE: Over 70 companies have shown interest in buying BCL Mine or its assets following the placement of the company under final liquidation in June.

Provisional  liquidator Nigel Dixon-Warren, who can only be confirmed as final liquidator by the creditors at their next meeting, said there has been positive response from interested parties on BCL as evidenced by a lot of enquiries coming in.

“Over 70 companies have expressed interest. We will do background checks on potential buyers when it comes to the due diligence exercise,” he said.

Editor's Comment
Prosecutors deserve better

These legal professionals, who are entrusted with upholding the rule of law, face numerous challenges that compromise their ability to effectively carry out their duties.Elsewhere in this edition, we carry a story on the lamentations of the officers of court.The prosecutors have raised a number of concerns, calling for urgent attention from all relevant stakeholders, including the President, Minister of Justice and the Attorney General. Their...

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