Hawaiki Submarine Cable bought by BW Group

Hawaiki executive chair Rémi Galasso and BW Group executive chair Andreas Sohmen-Pao. (Image: Supplied)

Tue, 27 Jul 2021

Submarine cable company Hawaiki plans to sell to BW Digital, an affiliate of Singapore-based shipping company BW Group.Hawaiki’s submarine cable network is vital to New Zealand’s telecommunications and links the country to Australia, American Samoa, Hawaii, and Oregon on the west coast of the US.BW Group seeks to buy, for an undisclosed sum, 100% of the shares of Hawaiki Submarine Cable Limited Partnership and International Connectivity Services Limited. The deal is subject to regulatory approval. A Hawaiki spokesperson confirm...

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