Analysis: Kerry Group split may not be as easy as it looks
A co-op move to take over the consumer foods division is expected within weeks but while it seems like a win-win for all involved, much work is needed to make it happen
If the Kerry Co-operative Society needed a jolt into action, it came the week before Christmas when a story moved on the Bloomberg newswire noting that Kerry Group, in which the co-op is the largest shareholder, was considering bids from private equity for its consumer foods division. For months the co-op, which founded the Kerry Group in the 1970s, had been weighing its own deal for the division, which among other things makes Dairygold and...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
Davy: a corporate titan brought to its knees
It’s been a pillar of Irish public life for almost a century. But now the venerable Dawson Street stockbroker has been rocked by a scandal that threatens to bring down its top brass and destroy its hard-won reputation
Niamh Brennan: Davy’s double-dealing sees its trust rating take a big hit
The revelation that 16 executives at the stockbroking firm were deceiving a client demands more than wishy-washy statements and assurances
Spanish hedge fund spends £7m to boost stake in Tullow Oil
Tullow’s shares have nearly doubled in value since start of year as it seeks to reduce its $2.4 billion debt
Flutter chief declares his firm is now number one in America
The bookmaker’s sales rose to £4.4 billion after a merger with Canadian firm the Stars Group, and a greater stake in FanDuel, while customer numbers rose to 7.1 million a month in the second half of 2020
