Australian group bids €95 million for Irish telco Eircom
Apr 17th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
A group of former executives of the collapsed Australian investment bank Babcock Brown, on Thursday announced a A$175 million (€95 million) cash offer for the fund that owns Irish telco Eircom. The group warned that Eircom might default on its debts.