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ESOT and Babcock make Eircom bid

THE Eircom employee share ownership trust (ESOT) has teamed up with Babcock and Brown to launch a bid for the telecoms company.

ESOT and Babcock make Eircom bid

Sat, 15 Apr, 2006 - 01:00

Ian Guider

The ESOT is the second largest shareholder in Eircom after Babcock, an Australian investment house.

It is understood that the two have put in an offer of €2.20 a share to Eircom.

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