Avant unveils mortgages linked to key European banking rateProduct will be priced off Euribor, a market benchmark for the rate at which banks are willing to lend to each otherWed Mar 19 2025 - 11:04
Accounting watchdog extracts further financial disclosures from miner KenmareFunding managing director, Michael Carvill and Abu Dhabi-based private equity firm Oryx Global Partners Limited are weighing making a fresh takeover offer for the businessTue Mar 18 2025 - 17:02
Ires refinances €500m credit facility as property values stabiliseLenders include Bank of Ireland, Barclays Bank Ireland, AIB and ABN AmroTue Mar 18 2025 - 15:33
Glen Dimplex founder Martin Naughton’s son to become CEOIncoming chief executive will succeed Fergal Leamy next monthTue Mar 18 2025 - 14:49
Hedge funds claim Ardagh debt plan ‘siphons’ value to Coulson Ardagh says it ‘strongly refutes the complaint and believes it is without merit’Tue Mar 18 2025 - 13:30
Carvill knows value of Kenmare’s Mozambique mine more than anyone. Is he ready to pay up?Company founder owns about 0.6% but could reap attractive equity-based incentive plan under deal with OryxSat Mar 08 2025 - 06:00
Kenmare shares surge up to 52% on Carvill and Abu Dhabi firm bid for miner Listed group rejects offer at 92% premium and has also attracted bid interest from mining giant Rio Tinto Fri Mar 07 2025 - 06:06
Energia earnings dip as start to planned sale driftsEarnings before tax fell to €238m in nine months to end of December from €247m Thu Mar 06 2025 - 15:15
Hotels group Dalata hires Rothschild to potentially find buyerIreland’s largest hotels business says strategic review is designed to find additional capital, including through a potential sale of listed groupThu Mar 06 2025 - 07:39
Kenmare’s founding chief and private equity firm mount takeover bidTitanium minerals producer also received approach from mining companyThu Mar 06 2025 - 05:00
AIB to buy back €1.2bn of stock from State as profits beat expectationsTaxpayers have so far recovered €18.5bn from the bailed-out bank in stock sales and dividendsWed Mar 05 2025 - 07:30
Corre Energy down to €2.5m of cash and unused loans as it seeks to delistCompany had been on a near year-long search for an investorTue Mar 04 2025 - 10:38
PTSB prices up to 15% tariffs in bad loans provisioningBank plans to start talks with Government and NatWest this year on buying back some of their sharesTue Mar 04 2025 - 07:47
Ardagh financial engineering ‘poster child’ as battle for control looms, says analyst CreditSights Packaging group says it has invested more than $3.5bn in assets since 2021Tue Mar 04 2025 - 06:00
Kingspan to squeeze out other investors in Swedish firm as stake tops 90%Kingspan first made a mandatory takeover offer for Nordic Waterproofing in October 2023Mon Mar 03 2025 - 08:54
Aryzta eyes further growth as earnings rise 5.4% in 2024Company hits mid-term targets a year earlyMon Mar 03 2025 - 07:41
Lloyds to pay UK taxman millions related to Irish exit Bank of Ireland expects to use up its crisis-era deferred tax assets by the end of 2028Mon Mar 03 2025 - 06:15
Howden Ireland eyes more broker purchases as deal count hits 33 in six yearsFirm now among five largest general insurance brokers in marketMon Mar 03 2025 - 06:00
Irish manufacturing activity accelerates at fastest pace in yearLatest increase in total new work the fastest recorded since May 2022Mon Mar 03 2025 - 05:00
Receivers appoint agents to sell project at former Kevin Street DIT campusSeen & Heard: Taxpayers ‘miss out’ on €9bn; increase stock awards for BofI chief; homes ‘never to be built’Sun Mar 02 2025 - 11:00
McLaren sponsor Glanbia faces struggle convincing investors it can get back on trackNutrition group has been caught out by the scale and speed of rising prices for whey protein which is key for its Optimum Nutrition brand Sat Mar 01 2025 - 05:00
Mainstream CEO to exit and Dublin office to closeCompany’s Dublin workforce has fallen to 20 from 105 since late 2023 amid cost-cutting driveThu Feb 27 2025 - 16:26
Ardagh warns of risks to its ability to continue as going concern amid debt restructuring talksArdagh Group had net borrowings of $10.5 billion at the end of DecemberThu Feb 27 2025 - 13:03
Cantor Fitzgerald Ireland fined €452,790 for failing to report suspicious tradesFirm failed to put effective arrangements in place to detect and report suspicious transactions, Central Bank saidThu Feb 27 2025 - 11:02
Aviva criticises proposed injury awards, as premium income rises 12% Insurer ‘dismayed’ to see judicial council propose 16.7% increase in damagesThu Feb 27 2025 - 08:48
Pension auto-enrolment scheme: Long-awaited search for asset managers to start next week‘My Future Fund’ scheme to apply to those between 23 and 60 who earn at least €20,000Thu Feb 27 2025 - 06:00
Insiders at Irish-based Icon had motive to sell €74m shares at ‘artificially inflated price’, US lawsuit claimsCompany says it will ‘vigorously’ defend class action suit alleging it made ‘materially false and misleading’ statements on performanceThu Feb 27 2025 - 05:00
CRH sees earnings margins growing for 12th year on infrastructure spendResults meet market expectationsWed Feb 26 2025 - 21:37
Poolbeg focuses on ‘Plan B’ after US merger talks collapse Company still keen to complete deals despite Hookipa merger failing to materialise, says chairman Cathal Friel Wed Feb 26 2025 - 06:00
PTSB names Barry D’Arcy as chief financial officer Former bank CFO, Nicola O’Brien, quit to join UK online banking group MonzoTue Feb 25 2025 - 07:32
Sean O’Driscoll takes Datalex stake over 10% amid stock rallyShares in company have risen 16% so far this yearMon Feb 24 2025 - 15:51
Bank of Ireland eyes job cuts to keep running expenses at €2bn Pretax profit slips to €1.86bnMon Feb 24 2025 - 07:39
Central Bank’s Rowland tapped for anti-money laundering agencyDerville Rowland set to move to new agency based in FrankfurtThu Feb 20 2025 - 12:07
Credit unions still have an arm tied behind their backs as regulator eases lending rulesOnerous liquidity and capital reserves rules remain in force and continue to handcuff the sectorSat Feb 15 2025 - 07:00
Social housing firm may scale up Irish business again on hope of policy U-turn Low-profile firm entered the market a decade ago and had 800 units at its peak across Dublin and other citiesSat Feb 15 2025 - 06:00
FBD sees net hit from Storm Éowyn at €30m Insurance Ireland had predicted overall claims could reach as much as €200mFri Feb 14 2025 - 06:00
Mainstream Renewable losses narrow to €325m on lower Chile charges CFO declines to comment on whether it is planning to sell the Chilean platformThu Feb 13 2025 - 13:15
Coca-Cola HBC cleared to buy Irish vending machine firmInvestigation followed concerns that deal could reduce competition Wed Feb 12 2025 - 14:49
Smurfit Westrock shares fall on ‘light’ earnings forecast Cardboard box-maker’s Mexican and Canadian operations face US tariff risks Wed Feb 12 2025 - 13:21
Trump’s pause on foreign bribery laws places US department of justice case into Digicel in limboDigicel said in November that it had made a voluntary disclosure to the US department of justice of information ‘relating to possible violations of the US Foreign Corrupt Practices Act’Wed Feb 12 2025 - 05:55
ICS Mortgages owner sees net interest slide 75% in 2023 on funding–costs spike Mortgage interest rates at ICS and other pure non-bank lenders continue to generally be more expensive than mainstream banksTue Feb 11 2025 - 06:00
Ires Reit shares hit eight-month high on talk of rent caps being liftedShares in Ireland’s biggest private landlord rose almost 3% on Monday following Taoiseach’s comments about rent pressure zonesMon Feb 10 2025 - 10:18
PTSB needs to triple savings from cutting jobs to hit its own costs target, Goodbody report says Bank estimated to be on track to save €21 million from 300 job cutsMon Feb 10 2025 - 09:29
Dublin’s ‘springboard’ SME stock market must not become swamp for iffy firmsEuronext Dublin setting up market for small companies to float and finance growthSat Feb 08 2025 - 06:00
PTSB to cut around 300 jobs under redundancy schemeBank spokeswoman says there are no plans to launch to further schemes in the near termFri Feb 07 2025 - 14:20
BOC, NAC and SMBC join Avolon in settling Irish cases over planes seized in RussiaFinancial terms of the various settlements are not knownFri Feb 07 2025 - 13:04
Bank of Ireland tempers bonus hopes amid Trump and UK car finance risks Rewards capped at 10% of an individual’s salaryFri Feb 07 2025 - 06:15
Avolon settles $300m case with insurers over aircraft seized in Russia Other settlement are also understood to have been reached, but details could not be confirmed Fri Feb 07 2025 - 06:00
Car and home improvement loans soared in third quarter of 2024Total of 62,598 personal loans drawn down during periodFri Feb 07 2025 - 05:00
Bank of Ireland agrees 4% pay hike for staff Staff to be updated on discretionary bonuses later this monthThu Feb 06 2025 - 13:05
