Over 70 firms eye BCL assets
Tuesday, August 08, 2017
Dixon-Warren says deadline for submission of expression of interests closed yesterday
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.
Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...