EIsland offer accepted by 1.5pc of shareholders

Mr Denis O’Brien’s eIsland consortium announced today its offer for Eircom has been accepted by 1

Mr Denis O’Brien’s eIsland consortium announced today its offer for Eircom has been accepted by 1.5 per cent of eligible shareholders.

EIsland said it received valid acceptances in respect of 33,306,314 by the offer deadline of last Friday.

The consortium said its offer will now be extended and remains open for acceptance until September 28th, 2001, unless extended further.

  • Join The Irish Times on WhatsApp and stay up to date

  • Sign up for push alerts to get the best breaking news, analysis and comment delivered directly to your phone

  • Listen to In The News podcast daily for a deep dive on the stories that matter