Norwegian insurer cuts FBD stake below 3%Protector Forsikring’s 2021 emergence on FBD shareholder triggered takeover speculation, quickly denied by Oslo-based firmWed Mar 13 2024 - 12:03
Energia pays €200m dividend as US private equity owner plots saleGroup could fetch as much as €2.75bn if possible sale takes placeWed Mar 13 2024 - 06:00
Auto-enrolment pension systems bids narrow as Bill nears publicationPlan by Minister for Social Protection Heather Humphreys to launch landmark project by the end of the year continues to draw a lot of scepticismWed Mar 13 2024 - 05:28
PTSB could free up €270m of capital under key mortgage-risk review – BofAUS bank points to lender’s effort to reduce risk weighting of its assetsMon Mar 11 2024 - 21:17
San Leon nears fresh refinancing after US funds no-showOil and gas explorer is focused largely on assets in AfricaMon Mar 11 2024 - 18:28
Government’s 2024 homebuilding target ‘at risk’ as construction activity contractsMeasure of construction activity contracts for 17th straight monthMon Mar 11 2024 - 06:00
Irish stock exchange owner drafts Government pitch to reboot initial public offerings Number of senior business figures developing proposals to beef up Dublin marketMon Mar 11 2024 - 06:00
Accounting regulator ‘disappointed’ as 23% of important company audits needed improvement last yearIaasa says rate of shortcomings in audits of ‘public interest entities’ doubled compared to 2022Mon Mar 11 2024 - 06:00
Seen & Heard: Hines nears €125m Tallaght Square dealBlueface sale may see jobs go; Shannon pipeline delays threaten FDI, Ex-AIB chief in new role; Limerick restaurants out of examinershipSun Mar 10 2024 - 12:29
Central Bank of Ireland taps ex-ECB banking watchdog chief to review vetting regime for finance executivesReview follows tribunal finding that bank’s decision-making was “flawed” in assessment of director nomineeFri Mar 08 2024 - 16:59
Fifteen years after bailout, taxpayers now €800m under water on surviving Irish banks PTSB needs relief on the cost of writing mortgages to be able to compete with larger rivals and make good on repaying its bailoutFri Mar 08 2024 - 15:25
FBD eyes another special investor payout after €36m dividend on strong resultsPretax profits jumps 24% to €81.4m after release of some reserves and €19.1m return on investmentsFri Mar 08 2024 - 07:56
Axa Ireland CEO Marguerite Brosnan: ‘My job is to understand complexity to make things really simple’Head of largest insurer in the State says Laya deal ‘is transformative’Fri Mar 08 2024 - 06:00
Aviva’s Irish operating profits jump to €87m amid higher investment returnsAviva Insurance Ireland is the third-largest personal and commercial insurer in the StateThu Mar 07 2024 - 16:59
Former PTSB chief says he did not agree to preferential treatment of some customersDavid Guinane says he has no memory of reading email which mentioned matterThu Mar 07 2024 - 16:34
Irish banker David Duffy eyes multimillion pay-day with Virgin Money saleProposed deal would create group with total assets of £366bnThu Mar 07 2024 - 09:54
PTSB operating profit soars to €164 million but share price drops as investors mull outlook Group’s loan book has increased 50% since mid-2022Thu Mar 07 2024 - 07:39
Former PTSB chief says it’s ‘extraordinary’ he is only individual subjected to tracker mortgage inquiryDavid Guinane says he is being asked to account for events that occurred 15 years ago that he cannot rememberWed Mar 06 2024 - 14:01
AIB plans to buy back €1bn of shares from State amid spike in profitsBank’s net profit surges more 170% to more than €2bn as it records strongest financial performance in its historyWed Mar 06 2024 - 07:21
Spain’s Cellnex sells Irish telecom masts unit for €971m to Phoenix TowerPhoenix entered the Republic in 2020 buying Emerald Tower, which owns over 650 mobile masts, for €300 million from EirTue Mar 05 2024 - 15:57
Aryzta shares rise on better-than-expected earningsCuisine de France owner sees revenue jump to €2.2bnMon Mar 04 2024 - 19:09
State’s AIB stake dips below 40% ahead of bank’s full-year resultsAIB due to publish annual results on Wednesday, with analysts expecting chief executive to announce use of some surplus capital to buy more shares back from StateMon Mar 04 2024 - 18:21
Irish stock market trading turnover slumps 30% in February after CRH and Flutter exitsIrish equities trading turnover last month equated to a daily average of €183.3m, down from €261.3m a year agoSat Mar 02 2024 - 06:00
Will CRH break with tradition and look stateside for next CEO?Building materials giant switched its primary listing to New York Stock Exchange in SeptemberSat Mar 02 2024 - 06:00
Corre Energy director quits amid UK tax allegationsDarren Patrick-Green, the company’s largest shareholder, is to step down with immediate effectThu Feb 29 2024 - 19:38
Goodbody fined €1.23m by Central Bank for breach of market abuse lawsCentral Bank found Goodbody had failed to put in place an effective framework to monitor suspicious trading activityThu Feb 29 2024 - 12:23
Dundrum shopping centre co-owner Hammerson takes 5.5% hit on Irish propertiesTalks to refinance €600 million of secured Dundrum loans “are progressing” ahead of the loans maturing in SeptemberThu Feb 29 2024 - 10:22
CRH shares hit record high on upbeat outlook and €32.3bn spending plans Building materials giant sees earnings this year increasing to as much as €6.34bn on the back of a strong 2023 performanceThu Feb 29 2024 - 07:31
Starwood reticent on Ires strategy after building up 1.5% stakeUS investment firm with €106 billion of assets under management declined to shed light on Ires investment strategyThu Feb 29 2024 - 05:30
Karl Deeter-led OnlineApplication buys insurance tech firm Money AdviceMove takes total employment at Deeter’s firm to 25 and deal is expected to double its revenuesTue Feb 27 2024 - 06:00
Dividends bonanza at Bank of Ireland offset by money set aside for potential loan lossesChief executive lives up to pledge not to hoard excess capitalMon Feb 26 2024 - 19:49
Bank of Ireland shares slump on outlook after unveiling €1.15bn investor payouts Bank’s pretax profit for the year rose to €1.94bn from €1.01bn for 2022, with net interest income rising 48 per centMon Feb 26 2024 - 08:31
Irish gene therapy specialist eyes multimillion fundraising to expandHigh cost of cell and gene therapies often dwarfed by lifetime cost of otherwise treating patientMon Feb 26 2024 - 05:00
Stocks march to own tune as other financial markets pare back rate-cut hopesHistory has warned that the last stage of returning inflation to central bank targets is often the most difficultSat Feb 24 2024 - 08:00
Ires net loss widens amid higher interest ratesIreland’s largest private-sector landlord sold €96.5m of property last year to help keep its debt burden under Reit limit of 50%Fri Feb 23 2024 - 08:13
First banker faces inquiry for alleged tracker role as banks still fight compensation casesPublic inquiry into conduct of former PTSB chief executive David Guinane began this week, but tracker scandal is far from overFri Feb 23 2024 - 06:00
PTSB dealing with ‘lots of fires’ when 2009 tracker decision taken, inquiry hearsFormer chief executive David Guinane is the subject of an inquiry into his alleged role in the industry-wide tracker issueThu Feb 22 2024 - 17:36
Azets Ireland to merge with PKF O’Connor, Leddy & HolmesTie-up marks an acceleration of consolidation within the Irish accounting sectorWed Feb 21 2024 - 16:18
Former PTSB chief being ‘singled out’ in tracker inquiry, hearing toldExamination to determine whether David Guinane and lender participated in a regulatory breachWed Feb 21 2024 - 13:25
Mainstream cedes 10% stake in Chile portfolio to junior lender in debt restructuring Dublin-based renewable energy group agreed the restructuring with Ares Management by converting certain loans into equityWed Feb 21 2024 - 05:34
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
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
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
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
