April 30, 2012
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Hilton sale decision by month's end
The British Colonial Hilton’s owners will decide by month’s end which of the three bids to acquire Bay Street’s ‘anchor property’ they will accept, Tribune Business can reveal.
Hilton bids put Bahamas 'back in play' on FDI
THE MINISTER of State for Investments has confirmed “multiple offers” have been made to acquire downtown Nassau’s British Colonial Hilton hotel, proving that the Bahamas was “back in play” in attracting foreign direct investment (FDI).
Multi-million bidding war erupts for Hilton
A bidding war has erupted for downtown Nassau’s British Colonial Hilton resort, with at least two rival groups - one said to have Bahamian involvement - emerging to challenge the $74 million offer submitted by a multi-billion New York asset manager.
$45m South Ocean bid falls through
While a $74 million deal to sell Nassau’s British Colonial Hilton is “very, very close” to being sealed, a senior tourism official yesterday confirmed that a bid for the still-closed South Ocean property had fallen through.
$74m Hilton deal said 'very close'
A $30 billion New York asset management firm is “very close” to having a $74 million bid to acquire the British Colonial Hilton hotel accepted, Tribune Business has been told.
$30bn fund offers to acquire Hilton, South Ocean hotels
A $30 billion New York-based asset manager has made offers to acquire the British Colonial Hilton and South Ocean resort properties, the Prime Minister confirmed yesterday, with both New Providence hotels on the market for sale.
Hilton invests $1m in upgrades
THE British Colonial Hilton has seen a positive performance this year in all segments of its business, an executive telling Tribune Business that it had recently spent $1 million to improve its product offering.
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