John Aboud to build Superior Hotels in the region - Trinidad and Tobago Newsday newsday.co.tt - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsday.co.tt Daily Mail and Mail on Sunday newspapers.
THREE recent acquisitions by subsidiaries of Massy Holdings Ltd have underlined its status as a major employer and stimulant to the regional economy, a reminder of the impact and potential reach of conglomerates originating in the local marketplace. The company this month announced the US$47 million acquisition of Rowe’s IGA Supermarkets, a Florida supermarket chain.
Endeavour Holdings Ltd (EHL) has seen an increase in after-tax profits of $51.5 million, from $10.9 million in October 2021 to $62.4 million as of October this year. In its six-months unaudited financials, released on Wednesday, EHL said its improved profitability includes a gain of $43.8 million arising from the acquisition of Massy Properties (Trinidad)
Endeavour Holdings acquires Massy Properties newsday.co.tt - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsday.co.tt Daily Mail and Mail on Sunday newspapers.
Massy Holdings Limited is disposing of Massy Properties (Trinidad) Limited (MPTL) to Endeavour Holdings Limited (EHL) in its latest divestment of non-core subsidiaries.
The disclosure was posted.