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Cable & Wireless Extends Longstop Date On Columbus Acquisition

2nd 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; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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