Agribusiness Lakeland Dairies targets €100m in foreign M&A as climate targets bite growth The Cavan-based farmer co-op plans to rationalise its Irish processing facilities while also buying higher-margin business in international markets
Companies State pumps €60m into London fund to support Irish businesses Exponent’s new fund will support Irish firms as part of its growing activity here, which included the deal to buy Galway-based Chanelle Pharma
Banking ‘Untenable’ David Guinane didn’t know about PTSB tracker mortgage breachPublic inquiry into the former PTSB chief executive, heard closing arguments on his role in the bank’s alleged violation of tracker rules
Energy Exclusive: Shannon LNG seeks to build state’s gas storage facilityCompany has commenced a pre-planning consultation over plans to build a floating gas storage plant near Kerry
Energy Ireland on track to miss €250bn offshore wind investment, energy leaders warnSenior executives of two offshore wind firms have warned investors will walk away from the Irish market due to the slow pace of policy implementation
Companies Analysis: Over 5 years, Eir pays €2bn to shareholders as debt balloons to €3.2bnThe Irish telecoms group has paid very large dividends to its shareholders over the last five years while net debt has surged at the same time
Companies H&MV Engineering buys Tipperary-based Skanstec for undisclosed sumThe private equity-backed engineering services firm based in Limerick has been growing rapidly in recent years
Aviation Ryanair boss Michael O’Leary warns airfares will surge 50% due to airport passenger capIn an exclusive sit-down interview, the Ryanair chief executive warned the airline will divert million in new investment away from Dublin airport
Central Bank Former PTSB chief claims he is ‘being made a scapegoat’ as he hits out at Central Bank inquiry Central Bank maintains it has “reasonable grounds” to suspect David Guinane allegedly broke consumer protection rules in 2009 and 2010 during the tracker mortgage scandal
Companies Ires Reit shortlist narrows as firm gears up for new chief executiveThe listed-landlord has seen off an investor revolt and is set to name a new leader in the coming weeks
Big Read Inside the boardroom: Michael O’Leary and Eamon Ryan go head-to-head over Dublin Airport capThe Ryanair boss has said 20 planes planned for Ireland will go to other countries and air fares will rise by 50 per cent if the issue is not resolved
Energy Irish energy firm secures €175m funding from Norwegian state for floating offshore wind projectSource Galileo, the Irish renewable energy company backed by Ikea, has secured €175m in funding from a Norwegian investment fund
Stock Take Grafton Group gets ready to flex its M&A musclesThe owner of Woodie’s and Chadwick’s potentially has more than £750m to shell out on acquisitions – but the question is, can it make these deals work?
Companies Exclusive: Actavo group chief executive to be replaced by former AIB bossStaff were told on Friday afternoon that Brian Kelly is leaving the business after six years in charge
Companies ESB slashes state’s dividends despite record profits as firm’s debt pile grows Energy firm recorded record profits of more than €1 billion for 2023
Banking Bank of Ireland’s carbon emissions rose 26 per cent in 2023A sharp uptick in the firm’s travel-related emissions drove its overall carbon output higher
Banking ‘I’m being made a scapegoat’: Ex PTSB chief Guinane lets rip at Central Bank inquiry David Guinane accused the Central Bank of leaking details of its investigation into the tracker mortgage scandal to the media
Banking Staff ‘underwhelmed’ after AIB announces bonuses of up to €12,700 After posting record profits for 2023, the bank announced it will reintroduce bonus pay for staff for the first time since before the financial crash
Banking AIB to return €1.7bn in cash to shareholders after posting record profits of more than €2bnThe lender confirmed it is also in talks with the government to launch a €1bn targeted share buyback scheme this year
Housing ‘High risk’: Houses will not be built due to dire water shortage Unpublished report from expert group to warn state’s housing targets in jeopardy