Eircom dumps flotation plans and looks for private sale.
Eircom: Third time lucky?
Third time lucky? Eircom, Ireland’s biggest telecoms company, is preparing to push the button on a straight sales process, rather than return to the stock market for its third public offering since 1999.
Eircom’s corporate advisers are championing a sale to a trade player or private equity fund, rather than a mooted €1 billion stock market listing. Its owners, including the private equity Blackstone, are believed to be onside with the sale strategy....
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