Eircom admits second O'Brien approach

Eircom has confirmed that a fresh approach has been received from a consortium led by former Esat owner Denis O'Brien for the purchase of its fixed line and Internet businesses.

Eircom has confirmed that a fresh approach has been received from a consortium led by former Esat owner Denis O'Brien for the purchase of its fixed line and Internet businesses.

Eircom said the discussions with the E-Island consortium are at an early stage and there can be no assurances that they will result in what it calls "an acceptable offer".

The statement follows reports this morning that Mr O'Brien has increased his bid from £1.7bn to about £1.9bn.

more courts articles

Man admits killing Irish pensioner (87) on mobility scooter in London Man admits killing Irish pensioner (87) on mobility scooter in London
Former DUP leader Jeffrey Donaldson arrives at court to face sex charges Former DUP leader Jeffrey Donaldson arrives at court to face sex charges
Case against Jeffrey Donaldson to be heard in court Case against Jeffrey Donaldson to be heard in court

More in this section

Young woman dies in Cliffs of Moher accident Young woman dies in Cliffs of Moher accident
Asylum seeker encampment forms on bank of Dublin’s Grand Canal Asylum seeker encampment forms on bank of Dublin’s Grand Canal
'I don't have enough words to thank you;' Zak Hania returns from Gaza after seven-month 'hell' 'I don't have enough words to thank you;' Zak Hania returns from Gaza after seven-month 'hell'
War_map
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited