Iseq faces further depletion as firms go private

The Irish Stock Exchange, already bruised by tough international conditions, will be further depleted as companies go private in 2008, according to a leading corporate lawyer.

16th February, 2008

The Irish Stock Exchange, already bruised by tough international conditions, will be further depleted as companies go private in 2008, according to a leading corporate lawyer.

Stanley Watson, head of the corporate and commercial department at Matheson Ormsby Prentice solicitors in Dublin, said Irish business activity this year would be characterised by quoted firms going private and international buyers reentering the Irish market.

Watson said that ongoing uncertainty in the financial markets was creating opportunities for...

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