Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCWC.L Share News (CWC)

  • There is currently no data for CWC

Cable & Wireless Extends Longstop Date On Columbus Acquisition

Mon, 02nd Mar 2015 07:55

LONDON (Alliance News) - Cable & Wireless Communications PLC on Monday said it has agreed to extend the longstop date on the acquisition of Barbados-based telecommunications and technology services group Columbus International Inc.

Cable & Wirless is acquiring the company in a USD1.85 billion deal.

It said it has agreed with Columbus shareholders to extend the longstop date for the receipt of required approvals and consents for the deal to March 15 from February 28.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

Related News

CWC.L News

CWC exits South Pacific by selling Soltel stake
15 Oct 2014

CWC exits South Pacific by selling Soltel stake

Central America-focused telecoms group Cable & Wireless Communications (CWC) is to offload its near-33% stake in Solomon Telekom (Soltel) for $16.5m. ...

Tuesday broker round-up UPDATE
14 Oct 2014

Tuesday broker round-up UPDATE

Anglo Pacific: FinnCap upgrades to buy with a target price of 158p. Peel Hunt shifts target price from 196p to 198p retaining its buy recommendation. ...

Cable & Wireless Communications buys Panama's Sonitel for $36m
26 Aug 2014

Cable & Wireless Communications buys Panama's Sonitel for $36m

Cable & Wireless Communications (CWC) said on Tuesday it acquired Panama-based Grupo Sonitel through its subsidiary Cable & Wireless Panama. The Brit...