Explainer: How top eir execs benefit from majority stake sale - and who is French billionaire Xavier Niel?
Long-running talks over the sale of a "significant stake" in telecoms group eir have come to an end, with a €3.5bn deal being struck.
But what are the details of the deal? How will Eir's top managers and the group's lenders benefit? And who is French telecoms investor Xavier Neil?
* A majority stake, two thirds, in eir (64.5pc) is to be bought out by a consortium for an estimated €3.5bn (enterprise value)
* This group consists of NJJ, the investment vehicle of Mr Niel, and French telecommunications company Iliad SA
* NJJ will own 32.9pc of eir, and Iliad SA will own 31.6pc as part of the package
* Shareholders Anchorage Capital group (26.6pc) and Davidson Kempner (8.9pc) will retain a combined 35.5pc share in the company
* Eir's top managers and the group's lenders are expected to benefit by up to €100m
* Top Eir managers likely to be in line for payments under the scheme - and who are expected to receive the lion's share - are British-born CEO Mr Moat; Dutch chief financial officer Huib Costermans, and Dubliner Carolan Lennon.
* The figure will be split between 45 top executives and managers would have a stake in the business worth
* Carl Leaver, chairman of Eircom Holdings described deal as a "milestone for eir, our customers and indeed for Ireland itself"
* Mr Niel is the founder of and owns 52pc of Iliad, where he serves as deputy chairman and chief strategy officer
* Iliad operates one of France's largest mobile operators, Free
* Telecoms pioneer is also the co-owner of France's 'Le Monde' newspaper