Donal O'Donovan
Business Editor at Irish Independent
Husband of one, dad of 4. Business editor at the Irish Independent.
Articles
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2 days ago |
independent.ie | Donal O'Donovan
The deal will see shares valued at €173m handed over to individual members, reducing the co-operative’s collectively owned stake in Glanbia to 23.7pc – still by far the largest single holding in the agri-foods business. The spin-out was approved by co-op members at a special general meeting last October.
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1 week ago |
independent.ie | Donal O'Donovan
Shares of FD Technologies soared in London and Dublin after the news emerged on Wednesday. In Dublin, the shares rose 26pc to €27.60, close to the premium the bid represents to the stock’s previous closing price. In London, shares were up 21pc to £23.30 each. In a stock market update, the board of the Northern Ireland-based business said they had received a number of non-binding proposals in relation to a possible cash offer by funds managed by TA Associates for the entire capital of the business.
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1 week ago |
independent.ie | Donal O'Donovan
A statement of affairs for Aperee Living Belgooly, prepared last year but only recently submitted to the Companies Registration Office, shows its main asset was the purpose-built nursing home itself, valued at €1.8m. The home in Belgooly is now closed but was part of the big chains established by investment manager David O’Shea of the BlackBee Group.
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1 week ago |
independent.ie | Donal O'Donovan
The latest strain came despite a lack of specifics on how or when either sector would be affected. Lack of any sign of progress on purported talks between the US and China to reopen trade between the world’s two biggest economies also weighed on investor mood. The dollar is carrying the brunt of the impact as investors have reacted to uncertainty by shifting away from US assets, pushing the euro, yen and Swiss franc higher.
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1 week ago |
independent.ie | Chloe Meley |Donal O'Donovan
Wellness gains, shareholder pains: Glanbia’s structure under fireInvestor frustrations boil over at AGM as activist fund Clearway Capital renewed its call for a breakup of the Irish nutrition giantInvestor pressure is mounting on Glanbia to consider breaking up the company, with calls to spin off its Optimum Nutrition brand – a global leader in protein supplements – amid rising demand in the wellness market.
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