O’Brien may pull off $1.7bn Digicel debt write-off – but at what cost?

Denis OBrien scrapped a $2 billion (1.85 billion) initial public offering of his Digicel phone group 4½ years ago, baulking at the prospect of handing over more than 50 per cent of his empire to stock market investors.
He now faces the threat of ceding almos…
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