Friday September 18, 2020

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.

25th December, 2004

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.

Over the last six weeks, FMR acquired almost 8 million shares in Independent News & Media (IN&M), 6.4 million shares in Ryanair and 2.9 million shares in C&C.

FMR now owns stakes in these companies of 13.2 per cent,...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 8 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago