Wednesday April 1, 2020

IFG rides wave of takeover bids

The recent blocking move by key shareholder Edmund Truell suggests that it might not be the right time to cash out

28th May, 2011

Two months ago, IFG was a sleepy financial stock nobody wanted to know about - let alone buy.

The Blackrock, Co Dublin-based pension administration and advisory firm had a depressed share price, due mainly to its inclusion, with Ireland’s failed banks, in the Irish Stock Exchange’s financials index.

Investors appeared to have little appetite for the thinly traded company, despite its promising growth prospects after acquiring Britain’s leading provider of self-invested...

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