Tuesday July 7, 2020

ICG growth expected to slow

A slowing economy is affecting takeover plans for the ferry company, writes Business Correspondent Samantha McCaughren.

26th April, 2008

A slowing economy is affecting takeover plans for the ferry company, writes Business Correspondent Samantha McCaughren.

This time last year, Irish Continental Group (ICG) was being eyed by several potential bidders after a management buyout (MBO) bid put the ferry company in play. Much has changed in the past year, which might make the hefty price tags of 2007 harder to justify, given the headwinds facing the company.

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