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Providence sells 27m Eircom shares

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  • 27-10-2004 11:05am
    #1
    dahamsta
    Banned (with Prison Access) Posts: 16,659 ✭✭✭✭


    http://beecher.ie/pheed/?wcphis
    The [Irish Times] reports that Providence, one of the investors that originally took Eircom off the Stock Exchange in 2002, has sold the bulk of its stake in the company for EUR42 million. The venture capital firm placed 27 million shares at EUR1.56 each through stockbrokers Morgan Stanley and Davy on Tuesday, netting it EUR42.12 million. Providence retained 8 million Eircom shares.


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    #2
    Zoroaster
    Closed Accounts Posts: 3 ✭Zoroaster


    Hi, are you all telco or MSO (cable) people? I am looking for information sources in the industry in Ireland
    thks


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    #3
    jmcc
    Registered Users Posts: 7,411 ✭✭✭jmcc


    Zoroaster wrote:
    Hi, are you all telco or MSO (cable) people? I am looking for information sources in the industry in Ireland
    thks
    It is a bit of a mix here - ordinary users, business users, some people working for telcos and others in the information/market intelligence business. The common factor: the lack of broadband in Ireland.

    Regards...jmcc


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