Pipex up for sale
The Belfast Telegraph has a short story enlightening us to the fact that Pipex has appointed bankers whose task it is to sell the Pipex group.
It appears putting the group up for sale is the result of a review started in January 2007. The current stock market value of the company is £336m on annual revenue of £133m.
Pipex has a number of broadband providers in its group, including Nildram, Bulldog and Freedom2Surf, in addition to its own products via Pipex Internet and Pipex Homecall. The Pipex Group website shows the various businesses making up the group.