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DOLPHIN Cove Limited is set to get a new controlling shareholder after World of Dolphins Inc agreed to sell its entire 79.99 per cent stake in the Jamaica-based attractions company to Saint Lucia-incorporated Global Attractions Limited.
The July 9 agreement covers 313,901,858 ordinary shares, according to a disclosure posted by the Jamaica Stock Exchange on Monday.
Neither the purchase price nor the expected completion date was disclosed. The notice also did not identify Global Attractions’ beneficial owners, explain how the acquisition will be financed, or outline the purchaser’s plans for Dolphin Cove after gaining control.
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