Eircom slips on ISEQ

Shares in eircom slipped 1c to €2.20 despite the annoucement that Australian company Babcock & Brown Capital has moved closer to making a bid for eircom.

Eircom slips on ISEQ
Thu, 02 Mar, 2006 - 17:42

Shares in eircom slipped 1c to €2.20 despite the announcement that Australian company Babcock & Brown Capital has moved closer to making a bid for eircom.

The investment group has confirmed that it has now bought up more than 250 million shares in the company, giving it a stake of just over 23%.

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CourtsBusinessHeathrowPerson: Paddy PowerOrganisation: EircomOrganisation: IseqOrganisation: Babcock & Brown CapitalOrganisation: Babcock & BrownOrganisation: Dublin stock exchangeOrganisation: AIBOrganisation: Anglo Irish BankOrganisation: Bank of IrelandOrganisation: Irish Life
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