Tuesday September 22, 2020

Eir chief rules out early flotation

Company pledges to improve customer service as it releases first-quarter results

3rd November, 2016
Sterling weakness affects Eir Q1 revenue

The chief executive of telecoms firm Eir has ruled out a stock market flotation of the company in the short-term. Richard Moat told Bloomberg that a flotation was “at least two years away”.

Last month, it emerged that US private equity firm Anchorage Capital was poised to increase its stake in the firm’s parent company from the current 36 per cent level, giving it...

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