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Govt tests market for sale of Hilton and Magdalena

Teaser
THE Government is testing investor interest in the proposed sale of the Hilton Trinidad and Magdalena Grand Beach and Golf Resort, with the State-owned Evolving TecKnologies and Enterprise Development Company Ltd (eTeck) inviting prospective local and international parties to signal their willingness to acquire the two properties.

ETeck has issued separate requests for expressions of interest (EOIs) covering the shares and assets of HotelTT Asset Management Company Ltd, which holds the former Hilton Trinidad, and the Magdalena Grand in Tobago.
Author
Joel Julien
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