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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.
Latest CWC News
- UPDATE 1-C&W grows less confident over sale of Monaco business
22 May 2013 - Cable and Wireless earnings beat expectations as cost cuts planned
22 May 2013 - Cable & Wireless Comms targets Caribbean cost cuts
22 May 2013 - Monday broker round-up UPDATE
20 May 2013 - Cable & Wireless sails into Americas partnership with Columbus
14 May 2013 - UPDATE 2-Telefonica sells stake in Central American assets
30 Apr 2013 - Monday broker round-up UPDATE
22 Apr 2013 - Cable & Wireless completes sale of Monaco & Islands division
3 Apr 2013
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CWC.L News
UPDATE 1-C&W grows less confident over sale of Monaco business
* Regulatory approval proving thornier than expected * Core earnings rise 1 pct, in line with forecasts By Paul Sandle LONDON, May 22 (Reuters) - Cabl...
Cable and Wireless earnings beat expectations as cost cuts planned
Cable & Wireless Communications (CWC) reported earnings slightly ahead of expectations and has identified major ongoing cost-cutting measures. The co...
Cable & Wireless Comms targets Caribbean cost cuts
LONDON, May 22 (Reuters) - Cable & Wireless Communications met expectations with a 1 percent rise in full-year core earnings, and said it would cut $...
Monday broker round-up UPDATE
Alent: Credit Suisse initiates with a target price of 430p and an outperform rating. Amlin: Morgan Stanley ups target price from 428p to 469p, while ...
Cable & Wireless sails into Americas partnership with Columbus
Cable & Wireless Communications has entered into a strategic partnership for the pan-America region with rival Columbus Networks. The pair will form ...
UPDATE 2-Telefonica sells stake in Central American assets
* Sells 40 percent stake to CMI for $500 million * Deal allows debt cutting while bringing in new partner * Price could rise by $72 million if assets ...
Monday broker round-up UPDATE
Admiral Group: Deutsche Bank takes target price from 1140p to 1300p retaining a hold recommendation. African Barrick Gold: Deutsche Bank ups target p...
Cable & Wireless completes sale of Monaco & Islands division
Cable & Wireless Communications (CWC) has completed the sale of its Monaco & Islands division as part of its plan to scale back its geographic footpri...
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