Outside observers are not alone in trying to figure out how a small Australian investment fund will make a potential €4 billion acquisition of Eircom. Investors in Babcock & Brown Capital are also scratching their heads: the shares have slid 18 per cent since the Sydney fund first showed its hand in buying Eircom at a price well under €2 a share last autumn.
With a debt pile of €1.8 billion and a market-worth of over...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team