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Eircom declines on market return

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  • 21-03-2004 7:18pm
    #1
    SeeYouJimmy
    Closed Accounts Posts: 93 ✭✭


    from BBC news
    Shares in Eircom, Ireland's former state telecoms monopoly, have dropped after the firm returned to the stock market following a two-year absence.
    The shares stood at 1.51 euros each in conditional trading in London, against an issue price of 1.55 euros.

    The flotation is set to deliver handsome returns for the group of investors who bought the firm in 2001.

    The consortium included investors such as financier George Soros and ex-rugby international Tony O'Reilly.

    more can be found on this at http://news.bbc.co.uk/2/hi/business/3549525.stm


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