The Irish Times

Eir’s owner Xavier Niel looks to take his business private

French telecoms billionaire launches offer to buy out his €11bn Iliad telecoms empire

Fri Jul 30 2021 - 12:03

Amazon agrees to buy MGM for $8.45bn

Deal is ecommerce giant’s biggest acquisition in media sector

Wed May 26 2021 - 14:12

Davy’s secret partnership leaves it fighting biggest crisis in decades

Pressure bears down on stockbroker shrouding itself in ‘vague’ details of scandal

Fri Mar 05 2021 - 04:50

J. Crew files for bankruptcy as retailer succumbs to Covid-19 fallout

Retailer lists assets and liabilities in range of $1bn to $10bn in Chapter 11 document

Mon May 04 2020 - 11:46

Eir sees earnings rise amid €350m bond sale

Moody’s estimates that sale will save Eir about €6m a year in interest costs

Wed Oct 16 2019 - 20:17

Xavier Niel faces delay in Eir dividend after refinancing

Telecom firm hit with more debt to help make €400m payment to US hedge funds

Sun Apr 28 2019 - 18:50

Eir hedge funds ‘dividend’ upped amid €1.15bn debt-raise

Dividend replaces loan note the funds received for some of their shares last year

Sat Apr 27 2019 - 07:00

Eir investors’ €300m payday stokes unpleasant memories

Latest moves will leave Eir with high debt level of 4.1 times its earnings

Wed Apr 24 2019 - 04:05

Reviled Anglo bondholders snatch up to 566% return by sitting tight

Little chance of State recouping even a small part of the €34.7bn it pumped into banks

Fri Dec 21 2018 - 13:21

Eir plan to cut 750 jobs may cost over €100m

Cost-cutting plan announced days after French takeover of phone group

Fri Apr 13 2018 - 05:40

French billionaire to complete Eir takeover ‘within weeks’

Companies controlled by telecoms billionaire Xavier Niel set to complete takeover in €3.5bn deal

Thu Mar 29 2018 - 15:55

How vulture funds got their tentacles deep into Irish lives

Private-equity funds control our shopping, holidays, mortgages, healthcare and more

Tue Mar 20 2018 - 06:30

Eir managers to share €100m through French takeover

Telecoms billionaire Xavier Niel to take majority stake in the phone group

Thu Dec 21 2017 - 06:30

Seen & Heard: what the Sunday papers reported

Stamp duty changes; Swedish bid for Jury’s Inn; INM eyes Business Post

Sun Oct 29 2017 - 17:57

Eir shareholders in talks with investor eyeing ‘significant’ stake

US hedge fund Anchorage Capital owns 42% of Eir’s equity

Thu Sept 14 2017 - 09:34

Eir’s shareholders weigh trade sale to foreign buyer instead of IPO

Telecoms group considers alternative to listing on stock market

Thu Sept 14 2017 - 06:15

Investors file 51 lawsuits against EU for shutting Banco Popular

Deluge of cases are first legal test of how EU applies new bank rules

Wed Aug 30 2017 - 12:28

Eir IPO ‘won’t be chance’ for hedge funds and Singapore to exit

Any IPO must be used to pay down debt rather than as an investor exit, says Eir chief

Fri Apr 28 2017 - 06:51

Ringing in the changes at Eir

Eircom experience suggests development of key infrastructure may be safer in State hands

Mon Nov 07 2016 - 00:50

Eir’s top three shareholders set to take 90% of voting rights

Telecoms group valued at €3.5bn posted first growth in revenue in eight years in 2016

Fri Oct 28 2016 - 22:03

US hedge fund seeks Eir voting control as rival York exits

Deal would tip Anchorage Capital voting rights in phone group above 50 per cent

Thu Oct 27 2016 - 13:05

Eir says sales recovery continues as it sells €200m of bonds

Company taking advantage of low euro zone interest rates for corporate borrowing

Mon Jul 25 2016 - 08:11

Singapore’s sovereign wealth fund to take up to 16% stake in Eir

€ 232m investment is expected to value telecommunications company at up to €3.5bn

Fri Jun 10 2016 - 07:24

Eir seeks to raise at least €350m in capital

Debt being targeted by firm is among highest-yielding corporate bonds in Europe

Sat Feb 06 2016 - 01:00

Eir earnings rise as it prepares to roll out rural broadband

Company reports half-yearly revenues rose 4% to €653m

Thu Jan 28 2016 - 01:00

Blackstone to flip blocks for €43m profit

Private equity firm sells docklands offices after two years for 54% more than it paid

Wed Nov 25 2015 - 06:00

‘Misplaced’ minutes show €119m written off following IBRC sale of Siteserv

Micheál Martin accuses Minister for Finance Michael Noonan of misleading Dáil

Fri Jun 05 2015 - 01:00

Eircom is the Robbie Keane of the telco sector

Offer of €3.3bn for Eircom was apparently made a couple of months ago

Thu May 21 2015 - 01:00

Eircom rejects €3.3bn bid as US investor builds stake

Telco back in play as Blackstone sells 25% share to Anchorage Capital

Wed May 20 2015 - 08:15

Siteserv: Denis O’Brien sale ‘great escape’ for State

Millington made best offer, says corporate financier Walter Hobbs

Thu Apr 23 2015 - 22:29

Eircom files IPO prospectus with Central Bank

Telecoms group looking to join stock market for third time in 15 years

Fri Sept 12 2014 - 20:03

Lone Star captures Sean Reilly’s loan portfolio

Portfolio which included Iveagh Court Complex acquired for €220 million

Thu Jan 23 2014 - 12:07

Irish debt is dead, long live Irish debt

Fri May 31 2013 - 01:00