Digicel refinancing on hold amid uncertainty over US justice department case
Telecoms group founded by Denis O’Brien is said to be keen to refinance much of its $2.8 billion of borrowings early, following debt restructuring
Digicel
Digicel plans redundancies across seven markets in efficiency drive
Digicel said it had spent the ‘last number of months carefully reviewing our organisation to structure and re-design our business to be fit for growth’
US legal case into Digicel in limbo following Trump’s executive order
The best news, analysis and comment from The Irish Times business desk
Trump’s pause on foreign bribery laws places US department of justice case into Digicel in limbo
Digicel said in November that it had made a voluntary disclosure to the US department of justice of information ‘relating to possible violations of the US Foreign Corrupt Practices Act’
Aviation tycoon in major merger on Shrewsbury Road after buying €6.75m house next door
Plus: Derry Girls actress Siobhán McSweeney discontinues Liss Ard case, Denis O’Brien’s house fetches €3.26m and Imma patrons get to go away with the director
Digicel faces US justice department investigation over possible breaches
Mobile phones group founded by Denis O’Brien reported itself over possible violations of US Foreign Corrupt Practices Act
Digicel credit rating upgraded on improved finances after restructuring
Mobile phone network group remains junk rated, partly due to focus on markets ‘with history of instability and adverse weather events’
Why Donald Trump’s pitch to become a ‘crypto president’ is quite bizarre
The best news, analysis and comment from The Irish Times business desk
Digicel earnings rebound in year bondholders seized control
Denis O’Brien handed 90% of the Caribbean-based telecoms group over to bondholders under a debt-for-equity swap finalised in January
Digicel ‘has not seen significant impact’ on Haiti business from crisis
Caribbean country is telecoms group’s largest market by mobile subscribers
Violent clashes in Haiti’s capital disrupt communications and spark huge prison break
Armed groups attack country’s largest prison as top gang leader calls on criminal groups to unite and overthrow country’s prime minister
Denis O’Brien on track to make over €100m profit in sale of Beacon Hospital
Deal marks further shrinking of businessman’s empire as Australian financial services giant Macquarie to pay €400m for facility
Digicel completes restructuring that cuts O’Brien stake to 10%
Denis O'Brien's holding may double to 20% should warrants attached to the restructuring ultimately be triggered
From AI boom to zombie companies; an A to Z of financial markets in 2023
US powerhouse economy grows by 5.2% in third quarter, is expected to expand by 2.1% in 2023 and 1.5% in 2024
Tension, a pay scandal and farewells: the business world’s winners and losers of 2023
A tech sector slowdown coupled with rising interest rates gave many a year to forget
Denis O’Brien’s Digicel bash: Restructuring marks end of an era for businessman
Bondholders soon to take ownership of the embattled Caribbean telecoms empire
Digicel bondholders line up former Nokia chief as Denis O’Brien loses control
O’Brien will see his stake decline to 10% as consortium takes control of mobile business
Irish Times journalists shortlisted for UCD Smurfit School Business Journalist Awards
Joe Brennan, Ciara O’Brien, Arthur Beesley and John Burns have been nominated for this year’s awards
Pension auto enrolment, Russian cyber attacks, and Kirsty Wark on leaving Newsnight
The best news, analysis and comment from The Irish Times business desk
State earmarks offices in docklands should it win bid to host EU Anti-Money Laundering Association
Ibec’s podcast sponsorship, Collison’s Abbeyleix charity event, new roles for Altada’s co-founders, NTMA’s land deal in the docks and Digicel’s sports channel in the Caribbean
Digicel CEO to step down in December with Denis O’Brien to announce successor as chairman in ‘coming weeks’
Oliver Coughlan retires as Digicel chief executive in December, with COO Maarten Boute assuming role on interim basis
O’Neill’s bemoans impact of shorter GAA season on replica jersey sales
O’Neill’s jersey sales, media regulator’s new hires, insolvency fun in Amsterdam, Tirlán recruits McConalogue’s adviser
Digicel paid O’Brien and linked firms $90m in past three years
Company’s debt restructuring documents show how parts of businessman’s empire have continued to benefit financially from offering services to the group since he stopped taking dividends eight years ago
Digicel pays Denis O’Brien-controlled group $10m for private jet use
Seen & Heard: Developers’ backstop; vacant site judicial review; RTÉ bailout; Biden’s bills; and Tesco store plans
Renault’s lack of sales from RTÉ sponsorship, Intel and state aid, and why Digicel ‘mainly’ hires culchies
Business Today: the best news, analysis and comment from The Irish Times business desk
Digicel mainly hires ‘culchies’, Denis O’Brien reveals
Dee Forbes and Munster Rugby, Garda College lands controversy, Eir CEO’s attack on ComReg, National Lottery could be on the move, GAA’s no-cash policy, and higher education headhunters
Denis O’Brien’s Digicel future, State to be minority investor in AIB and how to plan for a wedding
Business Today: the best news, analysis and comment from The Irish Times business desk
Denis O’Brien to stay on Digicel board amid $1.7bn debt write-off deal
Businessman to lose most of his stake in telecoms group
BNY Mellon sets up Dublin AI hub, Revolut’s Irish business customers, and tax-free gains
Business Today: the best news, analysis and comment from The Irish Times business desk
Digicel parent’s bondholders agree writedowns as wider deal for telco nears completion
Denis O’Brien-owned group expects to file for Chapter 15 bankruptcy protection as part of wider debt restructuring agreement
Little green left at troubled London Irish
Any Other Business: Denis and the Damsel in Distressed; economists in a spin over Higgins; Quinn Country’s second life; EI’s funding gap; two takes on Paddy Cosgrave
Digicel bondholders to grant up to $100m bridging loan amid restructuring
Investors due to have been repaid on March 1st agree further 30-day grace period with troubled firm
Digicel seeks extended grace-period on overdue debt amid wider financial restructuring
Digicel already received 45 days of grace on the debt pile and is set to be granted another extension
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