Cable & Wireless Barbados Shareholders Offered $2.86

Notice has been given to Cable & Wireless Barbados Limited (CWB) shareholders to consider a cash offer of $2.86 from Cable & Wireless West Indies Limited  (CWWI) AND to approve the Amalgamation Resolution that will allow CWWI to acquire ALL of CWB common share not already owned. The meeting will be held at the Barbados Hilton on the 24th August 2017 at 11AM.

The question some are asking after perusing the Notice of Special Meeting Management Proxy Circular and Director’s CircularIs the fairness opinion delivered by Deloitte on page 53 short of some key information?


Tags: , , ,

5 Comments on “Cable & Wireless Barbados Shareholders Offered $2.86”

  1. NorthernObserver August 4, 2017 at 11:10 PM #

    It is unacceptable.
    In such situations a minimum of 3 valuations should be required. Not just one provided by the firm’s “accountants of record”.
    The hammer in all this, is the minority shareholders should have been “pumping and dumping” this stock from the time Liberty took over C&W, to improve their chances of a better valuation.


  2. David August 4, 2017 at 11:14 PM #

    Is there a role for the FSC?


  3. Alien August 5, 2017 at 9:41 AM #

    I do not know the number of individual Barbadian shareholders of C&W and if their support of C&W as customers is linked to their interest as shareholders. For me, no interest means no allegiance if CWWI acquires all of the C&W shares – for the first time, free choice of Digicel Ozone C&W


  4. Robbie August 5, 2017 at 11:35 AM #

    Haven’t had a dividend in 4 or so years, saying they reinvesting in expansion.


  5. David August 5, 2017 at 1:41 PM #


    Why do Bajans buy shares? Are they savvy enough to understand what ownership of shares mean and the avenues open to exercise their vote?


Join in the discussion, you never know how expressing your view may make a difference.

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: