Cox & Palmer Completes US$3bn Columbus Deal
“This is a tremendous day for everyone involved,” says Wayne Myles, Q.C., counsel at Cox & Palmer.
Cox & Palmer, a top ranked law firm based in Atlantic Canada, announced today its role in the completion of the US$3.025bn purchase of Columbus International Inc. (“Columbus”), by Cable & Wireless Communications PLC (“CWC”). Prior to closing, Columbus was a privately held diversified telecommunications company based in Barbados.
Cox & Palmer acted as lead legal advisors to the Columbus shareholders as vendors. This international transaction required extensive corporate, commercial, regulatory and professional review that relied on the bench strength and international experience of Cox & Palmer’s Mergers and Acquisitions, and Tax and Regulatory teams.
Wayne Myles, Q.C., counsel at Cox & Palmer says, “As lead advisors to Columbus, we are proud to congratulate Brendan Paddick, John Risley and their shareholder partners of Columbus, as well as Phil Bentley, CWC chief executive, and their teams, on the completion of this transformational deal for the companies, now offering a diversified and high quality array of telecommunications services in 42 countries. This is a tremendous day for everyone involved. Cox & Palmer has, once again, demonstrated impressive depth of knowledge, international experience, dedication to client service, and a competitive edge.”
The Cox & Palmer team, led by Myles, includes Anna Cook, Darren O’Keefe, Greg Anthony, Douglas Wright, Mark Russell, Lindsay Hollett, Conor Stack, Ashley Savinov, and Emily Lukaweski. They worked collaboratively with international deal specialist Benjamin Kavanagh and Stephanie Randall, of Myles & Company Inc.