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Renationalisation of Eircom imminent?

Munsterforever · 2009-01-17 18:49:48

After reading that Babcock and Brown is in financial trouble, and ICTU has now made plans for the renationalisation, will we possibly see it happen? It makes sense to do it now since it would be the cheapest time to buy it back. Would this be a good thing for Ireland or a bad thing?:rolleyes:…

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17-01-2009 7:49pm

#1

Munsterforever

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Join Date: July 2008

Posts: 67

After reading that Babcock and Brown is in financial trouble, and ICTU has now made plans for the renationalisation, will we possibly see it happen?

It makes sense to do it now since it would be the cheapest time to buy it back.

Would this be a good thing for Ireland or a bad thing?:rolleyes:

http://www.enn.ie/story/show/10124974

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#2 17-01-2009 8:48pm
byte

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byte

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Posts: 18897

Being discussed here too, on IOffL:
http://www.boards.ie/vbulletin/showthread.php?t=2055463730

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#3 17-01-2009 11:55pm
watty

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Probably not. Needs 700,000,000 investment and owes over 1,500,000,000

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