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Escalating China and Australia tensions could hand Denis O’Brien $2bn payday

Denis O’Brien’s Digicel is now juggling multiple approaches for its Pacific Islands telecoms business including from entities linked directly or implicitly with…

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Denis OBriens Digicel is now juggling multiple approaches for its Pacific Islands telecoms business including from entities linked directly or implicitly with China and Australia.
Citi is advising the Irish-owned group on offers that could value its Pacific arm at $2bn (1.64bn) as geo-political tensions between Canberra and Beijing create a significant premium beyond the purely economic value.
Digicel operates the largest mobile networks in Australias closest geographical neighbour Papua New Guinea,…

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