Discussions over ownership still ‘ongoing’, says Eir

Eir chief executive, Richard Moat, has said that discussions over the future ownership of the communications company are “ongoing”.

In September, Eir — currently 42% owned by US hedge fund, Anchorage Capital — announced it had received an approach from an unnamed potential investor, regarding a possible “significant investment”. It added that existing shareholders remained committed to their investment “for the foreseeable future”.

That statement followed reports suggesting Anchorage was considering a trade sale of the group, rather than an IPO, which had been seen as a likely option.