Carey Olsen Advises Digicel On Deal
Carey Olsen advised Digicel Group Holdings Limited on the strategic divestment of its majority stake in Cricket Sporting Investments Ltd., the holding company of the Caribbean Premier League.
A spokesperson said, “Carey Olsen has advised Digicel Group Holdings Limited [DGHL] on the strategic divestment of its majority shareholding in Cricket Sporting Investments Ltd.
“Cricket Sporting Investments Ltd. is the holding company of CPL Limited, which is the operating entity behind the Caribbean Premier League [CPL]. Founded in 2013, the CPL is the Caribbean’s premier Twenty20 cricket competition.
“The Carey Olsen Bermuda corporate team advising DGHL comprised Steven Rees Davies as responsible partner and Alex Collis as lead counsel, with support from associates Thomas Connor and Aleeza Dulaney. Partner Kyle Masters and associate Matthew Rhodes also advised DGHL in respect to shareholder arrangements as part of the sale process.”
On working with the Carey Olsen team, DGHL’s non-executive directors, Mark Nelson-Smith and Richard Mastoloni stated, “The Carey Olsen team were very professional throughout and helped us navigate each turn of this transaction with strategic and pragmatic legal advice, which is a testament to Alex, Tom and Aleeza. We were delighted to have them by our side for this transaction.”
