Digicel says IPO expected to be priced at $13-$16/shr
Sept 22 (Reuters) - Digicel Group Ltd, the Caribbean telecommunications company that sponsors sprinter Usain Bolt and the West Indies cricket team, said it expects its initial public offering to be priced between $13 and $16 per share.
The company, founded by Irish billionaire Denis O'Brien, said it would sell 124.1 million Class A shares in the IPO. (1.usa.gov/1G09nT6)
Digicel provides wireless services to 13.6 million subscribers in 31 markets in the Caribbean and South Pacific regions, according to a recent filing. (Reporting By Sudarshan Varadhan; Editing by Saumyadeb Chakrabarty)
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