Ed Micheau

Ed Micheau

State Street in the frame for €20bn pooled pension deal

State Street in the frame for €20bn pooled pension deal

The Irish operation of State Street is in discussions with a large multinational corporation to win a mandate to administer pension funds worth up to €20 billion.

DCC chief takes fight to Fyffes

DCC chief takes fight to Fyffes

Just minutes before DCC chief executive Jim Flavin took the stand in the €85 million insider trading case taken against him by Fyffes, the fruit company's chief executive, David McCann, opened the door and entered the courtroom.

Paddy Power bets on Cheltenham bonanza

Paddy Power bets on Cheltenham bonanza

Bookmaker Paddy Power is expecting the 2005 Cheltenham horseracing festival to generate turnover of more than €30 million, an increase of 30 per cent on last year.

McCann and Flavin ready to take centre stage in Fyffes case

McCann and Flavin ready to take centre stage in Fyffes case

Two of the main protagonists in the high-profile insider trading case taken by Fyffes against DCC are to take centre stage in the High Court over the next two weeks.

Radio Kerry in Shannonside deal

Radio Kerry in Shannonside deal

Radio Kerry is set to buy Shannonside 104FM in a deal valuing the company at between €6 million and €8 million, The Sunday Business Post has learned.

AIB set for profits of €1.37bn

AIB set for profits of €1.37bn

AIB is set to announce pre-tax profits of €1.37 billion for 2004, a year blighted by controversy surrounding the discovery of foreign exchange overcharging and inappropriate breaches of tax laws by some executives.

The second coming

The second coming

Just what is Philip Lynch up to? A full two decades after he took the helm of the stagnant Irish Agricultural and Wholesale Society (IAWS) and helped it become a thriving €1.5 billion group, is he about to have yet another crack at working the oracle

IAWS Co-op on the verge of South Western bid

IAWS Co-op on the verge of South Western bid

A takeover of South Western Services Co-op (SWS) by IAWS Co-op is imminent.

Trio aim to fly long and cheap

Trio aim to fly long and cheap

Freed from the shackles of the state apparatus, Aer Lingus executives Willie Walsh, Brian Dunne and Seamus Kearney will be in a position to implement the business plan they wanted to carry out at the state airline.

Investors to take over Superquinn for €350m

Investors to take over Superquinn for €350m

A group of private investors is poised to make a cash investment of €350million for a controlling stake in Superquinn, the nationwide supermarket chain, The Sunday Business Post has learned.

Grafton's €336m bid spurs takeover code shake-up

Grafton's €336m bid spurs takeover code shake-up

The Competition Authority is to meet with the Irish Takeover Panel to review the different timetables employed by the two organisations in relation to takeovers and mergers.

CRH aims to build on its billion

CRH aims to build on its billion

The winter months have shorn the magnificent trees that line the avenue up to Belgard Castle of their summer glory, but they still manage to hide from view the headquarters of CRH, Ireland's third-largest publicly-quoted company.

Change in hedge fund landscape

Change in hedge fund landscape

What a difference a year can make. This time last year it was difficult to flick through the pages of the financial press without finding some reference to the term ‘hedge fund'.

Irish ‘rebound’ stocks to watch in 2005

Irish ‘rebound’ stocks to watch in 2005

Investors in Irish stocks have enjoyed a decent 2004, with the Iseq up 26 per cent since the start of the year.

Fidelity in major buying spree

Fidelity in major buying spree

US giant Fidelity Management & Research (FMR) has emerged as a significant buyer of shares in Irish public companies over the last two months, consolidating its position as the leading foreign owner of local stock.