(Trinidad Express) – Massy Holdings Ltd announced yesterday that it is selling the group’s 100 per cent interest in Massy United Insurance Ltd to the Coralisle Group for US$90.5 million (TT$606 million).
In a regulatory notice, Massy said, at its meeting on August 30, 2021, its board of directors took the decision to sell its 100 per cent stake.
On September 2, Massy Barbados entered into a share purchase agreement with the Coralisle Group.