Press Release from Carey Olsen, Tuesday 21 January, 2025.
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”.
Carey Olsen Bermuda Limited is a company limited by shares incorporated in Bermuda and approved and recognised under the Bermuda Bar (Professional Companies) Rules 2009. The use of the title “Partner” is merely to denote seniority. Services are provided on the basis of our current terms of business, which can be viewed at: www.careyolsen.com/terms-business.
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