(Barbados Nation) Legal battle lines have been firmly drawn and neither Banks Holdings Limited (BHL) nor ANSA McAL intend to back down from their positions in the controversial takeover bid for BHL, which is now in the court’s hands.
Both parties brought their legal counsel to the table on Wednesday at separate Press conferences one day after ANSA McAL got a court-issued restraining order halting the two-way takeover battle between the Trinidad conglomerate and Brazilian beverage giant AmBev, through subsidiary SLU Beverages Limited.
The war of words continued during an 11 a.m. Press conference at BHL’s corporate offices in the Pine, St Michael, and at Accra Beach Resort where ANSA held its own briefing two hours later.
