Ires founder Capreit continues to cut stake after EGMInvestment firm had backed attempt to replace five directors at egmTue Feb 20 2024 - 16:34
The banker Kenmare hired decade ago to thwart takeover now holds key as some investors seek saleInvestment banker Andrew Webb is facing pressure from parts of the shareholder base to surrender the mining company’s independenceSat Feb 17 2024 - 05:59
Ires defeats attempted boardroom coup at showdown egmMost investors that voted by proxy before meeting cast ballots against activist shareholder resolutionsFri Feb 16 2024 - 20:10
Ires dissident shareholder lost egm battle but may still win the war for sale of property groupVision Capital’s egm motions were defeated but Ires has committed to a strategic review that could ultimately see the Irish private sector landlord sold or broken upFri Feb 16 2024 - 18:38
Ires shares tread water ahead of crucial EGM on FridayActivist investor is seeks to replace five board members and push through resolution aimed at sale or breakup of companyThu Feb 15 2024 - 18:45
Central Bank to review ‘fitness and probity process after ‘flawed’ decisionBank has commissioned an independent review of its processThu Feb 15 2024 - 14:26
Upcoming Irish and overseas elections may affect M&A activity this year, William Fry warnsFalling interest rates may offer some support but acquirers are wary of policy changes here and abroadThu Feb 15 2024 - 05:00
Kenmare investor JO Hambro calls for strategic review as it favours saleShares in titanium minerals miner are down 33% over past 12 months with investors unsettled by disappointing trading update before ChristmasThu Feb 15 2024 - 05:00
LloydsPharmacy moves for renewed McCabes takeover bidPharmacy group hit a snag with original competition filing, rejected by authoritiesWed Feb 14 2024 - 13:35
Ires says issue over EGM votes resolved ahead of deadlineIssues had been identified last week with votes cast via platform provider Broadridge Financial SolutionsWed Feb 14 2024 - 09:17
FBD says 2023 pretax profit will hit expectations-beating €80mUpgraded forecast for full-year results that will be published on March 8th would mark third year of significant outperformanceTue Feb 13 2024 - 19:03
Eir likely to scale back dividends after €2bn in payouts since French takeover, says Moody’sRatings agency expects dividends to fall to no more than €150m this year and next as it raises outlook on telecom’s junk-rated debtTue Feb 13 2024 - 17:54
Denis O’Brien on track to make over €100m profit in sale of Beacon HospitalDeal marks further shrinking of businessman’s empire as Australian financial services giant Macquarie to pay €400m for facilityTue Feb 13 2024 - 16:22
Denis O’Brien’s Beacon Hospital sold to Macquarie for estimated €400m Sale of Dublin hospital, which treats more than 200,000 patients annually, could net businessman profit of €100m before taxTue Feb 13 2024 - 08:27
Ryanair truce with online travel agencies keeps O’Leary on flightpath to €100m paydayChief executive has walked back before from trenchantly held positionsSat Feb 03 2024 - 06:15
Ires board backed by influential investor advisory firm before egmThe board of Ires Reit has received a boost from an influential investor advisory firm ahead of an extraordinary general meeting (egm) this monthThu Feb 01 2024 - 20:06
Roy Barrett exits chief executive role at Tommy Kelly’s CastleGate InvestmentsFormer head of Goodbody Stockbrokers hired in 2021 to set up ecommerce entrepreneur’s investment firmThu Feb 01 2024 - 18:10
Humphreys doubles down on auto-enrolment pensions scheme this yearMinister plans to launch request for tender on Friday to shortlisted firms to build landmark pensions system and publish enabling draft legislation in MarchThu Feb 01 2024 - 11:39
Dissident Ires founder sought extra fees in failed management deal talksCanadian firm set to support planned boardroom coup at property groupThu Feb 01 2024 - 06:00
FAI chair Tony Keohane set to head up new insurer’s boardOUTsurance DAC plans to enter Irish motor and home insurance market in first half of this yearThu Feb 01 2024 - 06:00
Cathal Friel-chaired green metals company hires broker for London IPOFlotation of Irish-run company could take place as soon as MarchWed Jan 31 2024 - 06:00
Non-bank lenders ICS Mortgages and Finance Ireland reboot loans offeringFirms had tightened lending conditions and increased interest rates amid ECB hikesWed Jan 31 2024 - 06:00
Macquarie and four other groups picked for mortgage-to-rent rebootAustralian bank, private sector groups and approved housing bodies selected by Coalition to deal with loans that have no prospect of being repaidTue Jan 30 2024 - 05:51
Cantor Fitzgerald Ireland taps BofI executive amid plan to double revenuesÁine Cornally set to join Cantor Fitzgerald Ireland’s leadership team to assume the role of chief operating officerTue Jan 30 2024 - 05:24
Digicel completes restructuring that cuts O’Brien stake to 10%Denis O'Brien's holding may double to 20% should warrants attached to the restructuring ultimately be triggeredMon Jan 29 2024 - 19:59
Flutter shares advance on first day of Wall Street tradingParent company of Paddy Power and Betfair has cancelled Irish listingMon Jan 29 2024 - 15:23
HealthBeacon rescue plan to seek court nod after creditors’ supportUS-based Hamilton Breach Brands is poised to take over embattled company for €6.9 millionMon Jan 29 2024 - 10:00
Irish unit of Canada’s Toronto-Dominion’s mulls seeking full banking licence hereBanking licence exploration comes as Barclays considers moving EU hub from Dublin to ParisMon Jan 29 2024 - 05:53
Statkraft plans three gigawatts of Irish renewable energy projects by 2030Norwegian state-owned group plans a 500MW offshore wind farm off the coast of counties Dublin, Meath and LouthMon Jan 29 2024 - 05:19
Ires risks signalling to investors that ‘all options’ strategic review has limitsOutcome of next month’s egm dependent on who shareholders believe can be trusted with maximising value for themSat Jan 27 2024 - 06:00
ICS Mortgages to turn owner-occupier loans tap back on after bond saleLender pulled back on the product category almost two years agoFri Jan 26 2024 - 15:16
Who are Ireland’s biggest nursing home groups?Paris-listed Orpea Groupe’s Irish operation spans 24 homes and 2,149 beds, with 231 to be added this yearFri Jan 26 2024 - 09:45
Ires downplays largest shareholder siding with activist investor Vision Capital Losing support of founding shareholder Capreit’s 19% stake in advance of crucial vote is a blow to property groupFri Jan 26 2024 - 09:01
Irish nursing homes are ‘at a critical juncture. Something needs to be done’ Investment firms have been caught out by rising costs and higher interest ratesFri Jan 26 2024 - 05:52
Irish nursing home groups rack up losses after wave of overseas takeoversFour of the five largest providers in the State are foreign ownedFri Jan 26 2024 - 05:09
Mount Juliet hotel in Kilkenny to host ECB governing council meeting in MayState hosted European Central Bank governing council meeting in May 2007, before the global financial crisisFri Jan 26 2024 - 05:02
European shares advance on tech results and China stimulusBank stocks edge higher on IseqWed Jan 24 2024 - 18:52
Ires rebuts activist investor’s claims board cannot be trusted with reviewMove comes ahead of extraordinary general meeting next monthWed Jan 24 2024 - 09:06
Goodbody sees senior exits after redundancy programmeHead of equity research among top staff to leave firmWed Jan 24 2024 - 06:00
Grant Thornton Ireland denies claims audits of US funds ‘enabled’ fraudGrant Thornton operations in Ireland and Cayman Islands sued by received of failed investment adviserTue Jan 23 2024 - 19:00
Prepaid cards group’s demise highlights regulatory gap in Dublin e-money hub Central Bank lacks power to petition High Court to have liquidators appointed to ailing e-money companies such as PFS Card Services Ireland LimitedSat Jan 20 2024 - 06:03
Ardagh revisits potential sale of food cans joint ventureArdagh and Ontario Teachers’ Pension Plan Board are working with advisers to prepare Trivium for possible auctionSat Jan 20 2024 - 06:00
AIB creates new senior executive roles ahead of strategy updateLender due to present strategy plan in March alongside 2023 earningsFri Jan 19 2024 - 12:13
Landlord Ires and activist investor trade fresh blows before crucial meetingEach side accusing the other of seeking to mislead shareholders as State’s largest private landlord prepares to vote on its futureFri Jan 19 2024 - 08:57
US home appliances group snaps up HealthBeacon for €6.9m in rescue dealThe survival plan has been drawn up by insolvency practitioner Shane McCarthy of KPMG, who was appointed as examiner to HealthBeacon in OctoberFri Jan 19 2024 - 05:12
Sainsbury’s taps former AIB executive to oversee banking exitRobert Mulhall previously served as head of both bank’s Irish retail operation and UK divisionsThu Jan 18 2024 - 14:43
Australian fintech EML’s shares soar on move to liquidate Irish cards unitWinding-up petition brought before the court because PFS Card Services Ireland’s business model no longer commercially viable or sustainableThu Jan 18 2024 - 10:27
Bank of Ireland taps Tesco Bank executive to lead UK divisionLender appoints former Ulster Bank head of retail banking as chief operating officerWed Jan 17 2024 - 17:17
No rest for the Cooler after exiting the hot seat at heavily indebted ArdaghPaul Coulson has handed the reins to new chair Herman Troskie, but Ardagh’s €10.7bn debt pile means he can’t sit back and take it easy just yetSat Jan 13 2024 - 06:00
French nursing homes group Emera explores sale of 70% stake in VirtuePotential sale by elderly care group Emera would be the first exit by one of the French companies that have entered the market in recent yearsFri Jan 12 2024 - 06:00
