New York based investor Wilbur Ross secured a price of 26.5 cent for his remaining 5.5 per cent stake, yielding him €477 million. Photograph: Simon Dawson/Bloomberg

Bank of Ireland’s shares closed down 3.2 per cent at 27.5 cent in Dublin yesterday after US billionaire Wilbur Ross sold his remaining 1.8 billion (...)

US billionaire investor Wilbur Ross surprised the markets yesterday by announcing his intention to sell his remaining 5.5 per cent stake in Bank of Ireland. Photograph: Bloomberg

US billionaire investor Wilbur Ross surprised the markets yesterday by announcing his intention to sell his remaining 5.5 per cent stake in Bank of Ir(...)

Wilbur Ross and his fellow investors have seen the value of their investment in Bank of Ireland triple in value since 2011.

The fact that Wilbur Ross and his fellow investors have seen the value of their investment in Bank of Ireland triple  since 2011 is both a cau(...)

Wilbur Ross is a big fan of Richie Boucher and his management team. Photograph: Dara Mac Dónaill

Bank of Ireland’s share price has been under pressure this week. By close of business yesterday it had declined by about 16 per cent on its clo(...)

Wilbur Ross, the US billionaire investor in struggling industries, is selling a portion of his stake in Bank of Ireland. Photo: Bloomberg

Wilbur Ross, the US billionaire investor in struggling industries, is selling a portion of his stake in Bank of Ireland, after the value of his(...)

BlackBerry is abandoning a plan to sell itself and instead will replace its chief executive officer and raise about $1 billion from institutional investors, including its largest shareholder, the smartphone maker today. Photograph: Mark Blinch/Reuters
Blackberry is not for sale

Smartphone maker BlackBerry is abandoning a plan to sell itself and instead will replace its chief executive officer and raise about $1 billion (€0(...)

The Blackberry campus in Ontario.  Sources close to the matter say BlackBerry is in talks with Cisco Systems, Google and Germany’s SAP among others, about selling all, or parts of itself. Photograph: Mark Blinch/Reuters/files

Chinese computer maker Lenovo, which has signed a non-disclosure deal to examine BlackBerry’s books, faces regulatory obstacles if it bids for all of (...)

Mike Lazaridis and co-founder Douglas Fregin are weighing taking over the distressed smartphone company as it searches for a savior. Photograph: Beck Diefenbach/Reuters

BlackBerry co-founders Mike Lazaridis and Douglas Fregin are considering a bid to buy the struggling smartphone maker, according to a securities filin(...)

Planet Business

Image of the week: Clensea Clintom schmoozeFormer first daughter Chelsea Clinton – a good feminist like her mother – could sell this picture as eviden(...)

BlackBerry reached a tentative agreement for a $4.7 billion buyout by a group led by its biggest shareholder, forging a path to go private after years of losing ground to Apple’s iPhone and Google’s Android. Photograph: Simon Dawson/Bloomberg

The head of Fairfax Financial Holdings says he has every intention of completing the acquisition of BlackBerry, despite doubts that the $4.7 billion (...)