Portland’s Michael Lee-Chin to win PE bet with $3 bln sale of Columbus

Portland Private Equity, a firm led by Canadian billionaire Michael Lee-Chin, expects a big return from its sale of Columbus International, reinforcing Lee-Chin’s argument that there are major PE opportunities in the Caribbean region. Cable & Wireless Communications (C&W) will this month close its US$3.025 billion buy of Columbus, a telecommunications provider based in Barbados.

23 March 2015•4 mins read
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