Ireland’s Eircom yesterday published an investor update announcing that the High Court has approved the scheme of arrangement recommended by the court-appointed examiner, Michael McAteer, to restructure Eircom Group. The court’s approval paves the way for the group’s three operating units – Eircom Limited, Meteor Mobile and Irish Telecommunications Investments Limited – to successfully exit examinership on 11 June 2012.
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OVETEL Eircom restructuring secures High Court approval; group to exit examinership on 11 June
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