NCB Global Holdings has again extended the closing date for its offer and take over bid for outstanding shares in Guardian Holdings.
The offer, which should have closed yesterday, will remain open until 4 pm Thursday.
In a news release, NCB explained that approvals under the Foreign Investment Act, Insurance Act and Financial Institutions Act of Trinidad and Tobago are still outstanding.
NCB said it cannot proceed without the required regulatory approvals in all applicable jurisdictions.
The second extension was done in an effort to prevent the offer from lapsing.
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