Cable & Wireless this week revealed the basis on which it had calculated its offer of $17 a share to acquire KeyTech. (Since KeyTech has subsequently issued a share dividend in the form of shares, the offer from Cable & Wireless, which stands, now equates to $15.45 per share.) The Cable & Wireless offer represents [...]

C&W launches offer for Keytech Cable & Wireless has revealed that it has offered to pay GBP113 million (USD206.8 million) for Bermudan telecommunications company KeyTech. The UK-based firm has been the primary provider of international telephony in Bermuda for over 115 years and is now seeking to enter the domestic market. KeyTech owns fixed line [...]