Shares slide amid oil price surge and ECB rates hike
ICG shares jump 6.7% after shareholders narrowly back €1.2bn buyout plan
ICG shares jump 6.7% after shareholders narrowly back €1.2bn buyout plan
Shareholders will vote on Thursday on an €8-a-share offer by management buyout team led by CEO Eamonn Rothwell
Irish Ferries' owner subject to proposed management buyout
Eamonn Rothwell’s bid for Irish Ferries parent ICG would be one last big deal for the ‘maritime Michael O’Leary’
Deal had not secured vital 75 per cent shareholder backing before egm was adjourned
Directors of ferries group are blaming an overly tight voting window that was entirely of their own making for deferral of vote on MBO
Independent board delays vote on €1.2bn takeover by management team that had been facing defeat for two weeks
Ferries operator says it is aware of at least one instance where a shareholder has changed their mind and now intends to back the deal
Requirement set to come in from September 28th as a result of change to British ID rules
Nick Furlong’s Pageant Investments, Eamon Waters’ Sretaw and London-based Sand Grove increase their stakes
Based on early proxy votes cast, the €1.2 billion offer by Rothwell and other managers looks set to be rejected
Early proxy votes indicate management-led offer for ferry operator could be turned down
Results come against backdrop of €1.2bn MBO led by chief executive Eamonn Rothwell that would see shareholders paid €8 per share
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ICG management group, led by CEO Eamonn Rothwell, has offered €8 per share to buy the business
Statement comes as a number of shareholders say the offer undervalues the ferry business
Irish Ferries operator is the subject of a management-led buyout, which some stakeholders oppose
Dissenting institutional investors claim debt and earnings picture underpinning bid multiple are misleading
Total eclipse visible from France was filmed for the newspaper from deck of Irish Ferries MV Normandy
Campaigners celebrate shift as farmers and politicians express concern for market access
Share buy-backs and stock awards to chief executive Eamonn Rothwell among factors that have limited market liquidity
Chairman of Irish Ferries owner has been on the board for 38 years. Is he really that independent?
Shares spike above €8 offer price, to €8.08, after weight of buyers delays start of trading
Three Irish public companies are now subject to takeover proposals
Having first camped in France as a teenager, European campsites are the holiday destination of choice for Emer Roche when travelling with her own children
Roll-on, roll-off freight unit traffic rose 5.2% on same period last year, but car volumes were down 2.9% and container freight 3.8% weaker
Irish Ferries parent group defends decision to continue departure from public company governance codes
No flight cancellations yet as Dublin Airport gears up for busiest weekend of 2026 so far
Growth seen across ferries and container divisions
Share buybacks have seen Eamonn Rothwell’s stake in the business jump 50% but, at 71, what is his end game?
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ICG has reduced sailings on Dover-Calais route to redeploy capacity to Ireland-France route
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How does a post-Brexit world shape the identity and relationship of these islands
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