Madison Dearborn poised to buy IPL Plastics as shareholders back €356m deal
Transaction is subject to various closing conditions
Transaction is subject to various closing conditions
US company is offering €356m for plastics firm
Judge reduces €76,000 award to €41,000, says some judges viewed as ‘more generous or parsimonious’
Analysts see little chance of higher offer for company that never got traction in the market
Shareholders led by Noel Smyth to press on with complaints against plastic maker
Cantillon: €350m offer by Madison Dearborn includes ‘go-shop’ provision that allows IPL to seek a better deal
Irish shareholder angry over inability to ask questions of company at agm
Prospects for business positive despite Covid-19 impact on product revenues in March
Lower resin costs passed on to customers
Net income up 54% in third quarter
Revenue dipped at the Canada-listed company by 5% in the six month period
Company sees revenue drop 4.4 per cent to $141.8 million during quarter
Earnings dipped at Dublin-based group last year amid rising input and distribution costs
Company working on plans to boost margins
Group says increased raw material, transport and labour costs hit Q2 results
Lord Waterford last weekend witnessed close to 15,000 festival-goers descend on his ancestral home
Most compelling argument to own IPL shares is strong growth potential – analysts
Irish company launched at lower IPO range at 13.50 Canadian dollars
Irish headquartered group raises €116m ahead of Toronto stock market listing next week
IPL’s market value on flotation may be up to 811.8 million Canadian dollars
Shares priced at significant discount to level Dermot Desmond secured for stake last year
Shareholders last week approved a share consolidation at former One51
Floatation in Toronto expected to raise about €125m for the Dublin-based company
Company formerly known as One51 is planning to raise €125m in Canadian flotation
Cork developer preferred bidder for Liffey Park site while C&C looks to UK acquisition
Earnings from continuing operations rose 46% to €70.9m at group formerly known as One51
IPO move comes after CapVest talks ended and involves Toronto and maybe Dublin
Meeting passes key resolutions needed to ready business for stock market launch
Homebuilder’s flotation comes with caveats – and eye-watering executive incentives
UK group Cap Vest reported to have made second bid to buy plastics manufacturer
Irish firm has about 2,000 shareholders in Ireland with shares traded on grey market
Hurling giant gives talk ahead of All-Ireland Cup and Shields finals at Carton House
Irish tax rate is less than half the Canadian level and company also has eyes on European expansion
Can chief executive Alan Walsh finally succeed where previous IPO attempts failed?
Performance of Irish plastics group in first half of year ‘encouraging’
Coach Tom Tierney will risk resting key figures with France game still to come
Macro Plastics deal ‘key step in becoming leading global player in rigid plastics market’
Company eyeing acquisitions in North American retail and bulk packaging sectors
Statement from plastics company cites ‘strong performance’ of Canadian division
Interim results ahead of expectations, mainly due to strength of US acquisition IPL
Financier approached firm about board representation before postponed flotation
Group’s shareholders include Dermot Desmond and Larry Goodman
CRH’s Albert Manifold best-paid CEO in 2015; Michael O’Leary says Dublin could benefit from Brexit
Dermot Desmond, Larry Goodman among beneficiaries if firm listed on stock market
GES the third acquisition by plastics manufacturer and waste-management firm in past 12 months
All metrics travelling in the right direction at One51
Move comes in wake of Capvest bid to buy waste recycling business for €1.80 a share
More than €36m of shares sold for €1.85, a rate above suitor’s planned offer
Acquisition will significantly increase Dublin headquartered One51’s international reach
Group is also in line for windfall from NTR’s sale of US windfarms
Woodford Capital, One51 and Pageant Holdings agree to proposals, thereby ending major row
Crosswords & puzzles to keep you challenged and entertained
Inquests into the nightclub fire that led to the deaths of 48 people
How does a post-Brexit world shape the identity and relationship of these islands
Weddings, Births, Deaths and other family notices