A consortium of local entrepreneurs, namely, the Joe Albert Group, JFA Group, Jamshed Pardiwalla, Ravi Raghwani, Andy Bainbridge, ACM & Associates acquired Cable & Wireless (Seychelles) Limited from Liberty Latin America Ltd. (NasdaqGS:LILA) for an enterprise value of approximately $100 million on November 5, 2019. The transaction is on a cash and debt-free basis. The net proceeds from the sale are expected to be used for general corporate purposes. Proceeds from the disposal of Cable & Wireless (Seychelles) Limited will be used to fund the acquisition of AT&T's operations in Puerto Rico and the U.S. Virgin Islands. A Victoria based professional services firm ACM represented the shareholders in the deal. Portman Global Partners acted as financial advisor to Liberty Latin America on the transaction. Jonathan Gordon, Derek Jones, Neil Coulson and Jon Lobb of Baker Botts acted as legal advisors for Liberty Latin America. A consortium of local entrepreneurs, namely, the Joe Albert Group, JFA Group, Jamshed Pardiwalla, Ravi Raghwani, Andy Bainbridge, ACM & Associates completed the acquisition of Cable & Wireless (Seychelles) Limited from Liberty Latin America Ltd. (NasdaqGS:LILA) on November 5, 2019. The acquisition was financed by a consortium of banks led by Trade Development Bank (TDB), with the participation of Barclays and ABC Banking Corporation of Mauritius. Nouvobanq has also been instrumental in facilitating the purchase.