Digicel Pays O’Brien $300 Million Dividend, Sunday Times Says
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Irish telecommunications billionaire Denis O’Brien received a $300 million special dividend from his Digicel Group Ltd., the Jamaica-based mobile phone company, for the year through March, the Sunday Times reported, without citing anyone.
O’Brien received a $115 million dividend from Digicel for the previous year and took $800 million from the business in a refinancing in 2008, when he took full control of the company, which has operations across the Caribbean, Central America and the Pacific, the newspaper said in its Irish edition.