Pegasus Sales Takes Off

Pegasus Sales Takes Off

Caribbean

The sale of the Jamaican government’s 59.81% stake in the Pegasus Hotel has officially taken off, Lissant Mitchell, senior vice president of Scotia DBG, tells LatinFinance. Scotia DBG was appointed in January to sell the stake, which represents 71.9m shares, or roughly $10m. Mitchell explains that expressions of interest will be accepted until September 30 and that a pre-qualification process will begin “a few weeks later.” He also says some international hoteliers and investors had previously m

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