Eircom drops plans for IPO

Eircom has dropped plans to proceed with an IPO, following a strategic review of its operations, the company said in a statement.

19th September, 2014
Eircom will not go ahead with plans for an IPO

Eircom has dropped plans to proceed with an IPO, following a strategic review of its operations, the company said in a statement.

The company said there were “encouraging signs” of positive momentum in the business over the past year.

“Our primary focus over the coming months will be to accelerate this momentum, to continue to improve our financial performance and to realise the benefits of our significant investment programme which will deliver value...

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