Episode Details

Baker’s Bay Utility Ltd. is poised for a major ownership shift as members of the exclusive Baker’s Bay Golf and Ocean Club plan to buy out current shareholders, taking full control of the LNG-licensed company. The Utilities Regulation and Competition Authority is reviewing whether this “change in control” violates competition rules or harms public interest under the 2024 Natural Gas Act. With 384 club members set to equally own BBUL, the deal has the support of current sellers—and the public has until August 10 to weigh in.

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