Irish Forums Message Discussion :: Babcock plans float or sale of stake in Eircom

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Babcock plans float or sale of stake in Eircom

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Irish Business News Discussion:     Babcock plans float or sale of stake in Eircom

Eircom's new owners, led by Australian fund Babcock
& Brown, plan to sell off a stake in the company or float its
shares on the stock exchange within the next three to five years,
according to a circular on the current ?2.36 billion takeover
deal to members of Eircom's employee share ownership trust
(Esot).

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