It is exactly one month ago today since Eamonn Rothwell and his management buyout team put their cards on the table and launched a long-expected takeover bid for ferry operator Irish Continental Group (ICG).
However, Rothwell could not have foreseen a bid from a low-profile Cork shipping company and Philip Lynch’s investment vehicle One51 trumping their offer, leaving the €18.50-a-share MBO dead in the water.
Last week, the Doyle Group announced it...
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