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General

CWC bids for full control of Barbados unit

Thursday 3 August 2017 | 14:37 CET | News
Cable and Wireless (West Indies) Limited, the parent company of Cable & Wireless Barbados, has launched a bid for full control of its Barbados business, reports website Caribbean 360. The parent currently owns around 81.07 percent of the issued and outstanding common shares. A special meeting of Cable and Wireless Barbados shareholders has been called to consider the offer on 24 August. If successful, Cable and Wireless Barbados, trading under the Flow brand name, will proceed to delist from the Barbados Stock Exchange.

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Categories: General
Companies: Cable and Wireless / Flow Barbados
Countries: Barbados
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