The Capital Group increases stake in Ryanair to 10.17%
Overall value of investment firm’s stake has fallen due to the airline’s share price slipping since December
The Capital Group, the billion-dollar Los Angeles investment firm, has pushed its stake in Ryanair up to 10.17 per cent in recent days, stock exchange filings show.
The value of that stake, however, has fallen substantially in recent weeks, as Ryanair’s share price has slipped from a recent high of €17.06 in early December to around €14 at the beginning of trading on Wednesday morning.
For Capital Group, that means that the stake it...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
US medtech behemoth signals intent to commit to Ireland
Edwards Lifesciences says it will continue doing business in this country despite the coming hike in corporation tax
Ready for anything: putting Irish companies on the road to growth
Euronext’s IPOready programme provides chief executives and chief financial officers of growth companies with the skillsets to evaluate the best sources of finance for their business
Strong Roots seeks to weed out US shareholder in multimillion-euro deal
A bitter dispute has been settled and the Irish food company says it is attracting ‘overwhelming’ interest from alternative investors
Showing real bottle: setting up an independent whiskey brand
WD O’Connell Whiskey Merchants, based in Waterford, is an independent whiskey blender and bottler aiming its products at specialist stores and independents at home and abroad