Kingspan dispenses with adviser JP Morgan

Shares in Kingspan have risen by 15 per cent this year on the back of a sharp increase in profits

Kingspan, the Cavan-based building materials company, has axed JP Morgan Cazenove as one of its corporate broking advisers.

Kingspan said it terminated its relationship JP Morgan with immediate effect, although it did not provide a reason. Kingspan hired JP Morgan, one of the world’s top investment banks, in May 2017, to work alongside long-term advisers Goodbody Stockbrokers. Brokers provide advice to companies on everything from fundraising to investor relations and also work on ...