BVI Investment Club acquires remaining 50% stake in CCT Global Communications

26 Apr 2013

According to an unconfirmed report by the BVI Beacon, the BVI Investment Club has purchased the 50% stake in CCT Global Communications that it did not already own, and now owns 100% of the company. The stake was acquired from BVCT Partners, a holding company affiliated with part-time British Virgin Islands (BVI) resident Dr Henry Jarecki; no purchase price was disclosed. A press release regarding the deal stated: ‘The ownership of CCT has always been a source of national pride and we encourage you to join us in commemorating this historic accomplishment’. The BVI Investment Club will hold the investment though Sage Investment Holdings and its related companies.

Virgin Islands (U.K.), CCT (BVI)