Advertisement

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.

Advertisement
Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

Have a Story? Send Us a tip
arrow up