Australia close to acquiring Digicel Pacific – report

The Pacific assets of Jamaican-headquartered Digicel Group , founded by Irish billionaire businessman Denis O’Brien, have been on the market since late last year. And according to sources cited by Reuters , debt-laden Digicel is now oh-so close to accepting overtures from the Australian government and Telstra . “It is fairly imminent,” said someone who apparently has an ear on the ground in government circles. “I can’t put a timetable on it, but the deal is almost done.” The Australian duo has been in the frame to acquire Digicel’s businesses in the Pacific, which span from Papua New Guinea to…