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Cable & Wireless Extends Longstop Date On Columbus Acquisition
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.
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UPDATE 1-Batelco deal for C&W's Seychelles business falls through
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