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Pastor Eddie Victor has described Emera’s pending bid to acquire ICD Utilities Bahamian shares in the Grand Bahama Power Company as “a hostile takeover” and appealed to Bahamian shareholders not to sell their shares.

Photo: Denise Maycock

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Group warns against foreign ownership of GB Power company

THE Coalition of Concerned Citizens is urging Bahamian shareholders in ICD Utilities not to sell their shares and allow a foreign company to have 100 per cent ownership in a vital utility infrastructure in Grand Bahama.

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