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Eircom accepts $3.11 billion bid from investment firm Babcock

Authors :
Fottrell, Quentin
Source :
Wall Street Journal. Europe. May 24, 2006
Publication Year :
2006

Abstract

Eircom PLC of the United Kingdom has agreed to be acquired by Babcock & Brown Proprietary Ltd. of Australia for 2.42 billion Euros ($3.11 billion). Share price offer is 2.20 Euros ($2.83). The investment bank plans to upgrade the telecommunications operator.

Subjects

Subjects :
Babcock & Brown Proprietary Ltd. -- Mergers, acquisitions and divestments
Eircom PLC -- Mergers, acquisitions and divestments
Investment banks -- Mergers, acquisitions and divestments
Telecommunications services industry -- Mergers, acquisitions and divestments
Communications industry -- Mergers, acquisitions and divestments
Telecommunications services industry
Company acquisition/merger
Banking, finance and accounting industries
Business
Business, international

Details

Language :
English
ISSN :
09219986
Database :
Gale General OneFile
Journal :
Wall Street Journal. Europe
Publication Type :
News
Accession number :
edsgcl.146148088

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