The Last Post
Matt Cooper: Denis O’Brien finally folds ’em after calling his creditors’ bluff for long enough
The Digicel boss surrendered a majority of the ownership of his Caribbean mobile phone operation, but he’s still enormously wealthy with a raft of assets in Ireland and abroad
Denis O’Brien is old enough to know and remember the words from Kenny Rogers’ The Gambler: “You got to know when to hold ’em, know when to fold ’em, know when to walk away and know when to run.”
On Wednesday morning we discovered that O’Brien was folding. He was not about to take another gamble on the potential of a personal pay-off from Digicel, the two-decades-old Caribbean mobile phone operation that was the source ...
