Irish Continental's London shares hit record high on $1.37 billion buyout
27/07/2026 09:05
BUZZ-Irish Continental's London shares hit record high on $1.37 billion buyout ** London-listed shares of Irish Continental Group IR5B_u.I, ICG_u.L rise 27.4% to a record high of 685p
** Co agreed to €1.2 billion ($1.37 billion) management-led buyout on Friday that would take the Dublin-listed maritime transport group private
** Bluefin Bidco, controlled by certain members of ICG’s senior management, to buy ICG for €8.00 per share
** Stock up nearly 26% YTD
($1 = 0.8772 euros)
(Reporting by Jahanvi Kothari in Bengaluru)