Batelco extends period to complete C&W Seychelles takeover

27 Aug 2013

Bahrain’s Batelco has issued a statement giving an update on its delayed takeover of Cable & Wireless Seychelles, which was included as part of its recent acquisition of Cable & Wireless Communications’ (CWC’s) ‘Islands’ units, the majority of which was completed in April. Batelco announced that it has agreed with CWC an extension to the ‘Second Long Stop Date’ for the receipt of required consents and approvals for the sale of CWC’s business in the Seychelles from 2 September to 2 December 2013.