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Antiguan PM: Foreign investors shouldn't own majority of LIAT shares

Antigua and Barbuda Prime Minister Gaston Browne says he does not support a proposal for the majority shareholding in a new regional airline to be placed in the hands of foreign investors.
 
Mr Browne disclosed that investors from Nigeria have expressed an interest in purchasing 75% of LIAT shares.
 
He says governments in the region are also interested in re-investing in LIAT.
 
CARICOM leaders are to meet next Tuesday to discuss the future of the cash-strapped airline.


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