SINGAPORE, June 23 (Reuters) - Singapore Technologies
Telemedia, a unit of state investor Temasek Holdings [TEM.UL],
said it was looking at investing in Irish telecoms group eircom
through its parent Eircom Holdings
An Irish newspaper reported on Sunday, without citing its sources, that Telemedia would make a formal bid to buy eircom on Tuesday.
"ST Telemedia is currently in the process of evaluating a potential investment in eircom through Eircom Holdings Limited," Telemedia said in a statement.
The Asian telecoms group moved into pole bidding position last week when it won the support of eircom employee shareholders which control a 35 percent stake in the company.
Irish media had previously reported that ST Telemedia had
offered around 100 million euros ($139.2 million) for Babcock &
Brown Capital
Telemedia already has stakes in a number of telecoms
companies, including StarHub