Rival bid for BCL against EIH

Dixon-Warren
Dixon-Warren

A second bidder for BCL Group’s assets has emerged to rival an impending proposal from the Emirates Investment House (EIH).

Provisional liquidator, Nigel Dixon-Warren told Mmegi BusinessWeek on Wednesday that he has received a high level offer from a company within the SADC region, which is interested in primarily buying Tati Mine at this stage and possibly BCL when the final liquidation takes place.

The bid comes as EIH is reported to be preparing an offer for the BCL Group, which includes BCL Mine, Tati Mine and the Nkomati Mine’s stake.

Editor's Comment
Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

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