Barita eyes pension fund market - $1.1b public offering to fund expansion (Jamaica)

Rita Humphries-Lewin, Barita's Head.

Veteran trading house Barita Investments Limited has announced its first foray into the equities market, saying it will be offering up 30 per cent of the company to new investors in a hunt for capital to fund its next big move - into pension funds. The initial public offering, which aims to raise $1.1 billion in cash, opens for subscription December 7 to 15. Read on:

http://www.jamaica-gleaner.com/gleaner/20091127/business/business1.html