British telecommunications company Cable & Wireless plc (C&W) set out the final terms of its demerger on Tuesday, including a US$500 million bond offer. C&W said it plans to split into two separate companies by March 26, as it provided its final trading update as a sole company. Listings for the two companies, Cable & Wireless Communications and Cable and Wireless Worldwide, will be sought on the London Stock Exchange, on March 22 and March 26, respectively.
Does this mean by end of March, Claro can buy them or merge with them? lol. Ingrid behave yourself *slaps self on wrist.*
It means that after the end of March, Claro, Digicel and AT&T can consider buying out the Caribbean entity - yes.
DeutscheBank is who I had read was helping with the de-merger from last year.
February 3rd, 2010 at 5:04 pm
Things that make you go hmmmmm David
February 4th, 2010 at 3:09 am
Digicel must be sweating buckets. My wallet on the under hand will be following this closely.
February 5th, 2010 at 7:21 pm