09-05-2005, 22:01
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#14
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Inactive
Join Date: Jun 2003
Posts: 6,058
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Re: NTL may sell NTL Ireland
And it's gone....
Quote:
ntl Ireland sold for â‚ ¬325m
09/05/2005 - 18:18:18
ntl today announced that it has completed the sale of its telecommunications operations in the Republic of Ireland to MS Irish Cable Holdings, an affiliate of Morgan Stanley, for â‚ ¬325m.
Simon Duffy, chief executive officer of ntl, said: "We are very pleased to have sold our division in the Republic of Ireland on these terms. This transaction reinforces our commitment to maintaining a clear focus on growing and improving our UK communications and content distribution businesses.
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http://breakingnews.iol.ie/news/stor...08&p=y4z4489y4
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