Companies

Ian Guider: Can Denis O’Brien make it a Digicel debt deal hat-trick?

The telco tycoon has won out with the bond markets twice before in refinancing his debt-laden giant, but on this occasion he has already played his trump card

Businessman Denis O’Brien: investors in Digicel have never truly valued the company the way he probably believes they should. Picture: Fergal Phillips

Earlier this year, Denis O’Brien gave his backing to a campaign by some Caribbean nations to seek reparations from European powers for their shameful legacy of slave trading and colonisation in the region.

The Irish businessman has set up an initiative called the Repair Campaign to force countries like Britain, France and Belgium to “fess up” to their past, and to give billions in aid in recognition of the historical wrongs they perpetrated in their ...