Hutchison fails to resurrect Eircom bid - Mobile World Live

Hutchison fails to resurrect Eircom bid

18 MAY 2012

Hutchison Whampoa has failed in its bid to halt plans by Irish telco Eircom’s management to initiate a takeover by senior lenders including Blackstone, Deutsche Bank and hedge funds. Hutchison’s 3 Ireland previously had a bid for Eircom rejected but was attempting to win the right to make a new bid in collaboration with lower-ranked lenders. Dublin’s commercial court threw out Hutchison’s challenge yesterday.

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Tim Ferguson

Tim joined Mobile World Live in August 2011 and works across all channels, with a particular focus on apps. He came to the GSMA with five years of tech journalism experience, having started his career as a reporter... More

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