CRH expects the deal to be about 25 per cent accretive to underlying earnings and will generate a ROIC in line with CRH’s weighted average cost of capital in the first full year of ownership.

Dublin-based building materials group CRH has raised €1.6 billion via a placing of just more than 74 million new ordinary shares to help fund its acqu(...)

Should investors wish for a US market decline in 2015? Yes, say money managers Barry Ritoltz and Ben Carlson. Neither is bearish – rather, both(...)

Quindell founder Rob Terry

AIM-listed insurer Quindell’s share price collapse marks another victory for short-selling outfit Gotham City Research – and a reminder how careless i(...)

IATA also increased its profit forecast for 2014 to $19.9 billion in 2014, up from a previous estimate of $18 billion

Falling fuel prices and stronger economic growth mean global airlines will report their strongest profit margin in more than five years in 2015, the I(...)

Mario Draghi: he  said, at the European Banking Congress, that the ECB must drive inflation higher quickly, and will broaden its asset-purchase program if needed to achieve that. Photograph: Martin Leissl/Bloomberg

Without any major advance, global markets hovered at elevated levels amid continued expectation in the investment community that European Central Ban(...)

Meath-based property investor Willie Smyth who founded the Fitzwilliam Business Centre in 1995.

Four bids have been received for a portfolio of serviced business centres, development land and retail parks with a face value of €287 million that(...)

Permanet TSB chief executive Jeremy Masding: “On Tuesday morning, we’ll start the journey [of securing funds].”  Photograph: Alan Betson

Permanent TSB and its advisers plan to canvass more than 30 institutional investors and private equity groups in Europe and the US in the coming we(...)

The Minister for Finance Michael Noonan said today the results of the European Central Bank’s stress tests “confirm the strength of the Irish banking system”.

The Minister for Finance Michael Noonan said today the results of the European Central Bank’s stress tests “confirm the strength of the Irish banking (...)

Permanent TSB has a capital shortfall of € 854.8 million, according to results from the European Central Bank’s comprehensive assessments published today.

Permanent TSB has a capital shortfall of € 854.8 million, according to results from the European Central Bank’s comprehensive assessments published to(...)

Permanent TSB has confirmed the sale of its Springboard subprime mortgage book of about 2,200 mortgages to Mars Capital Ireland for an undisclosed sum(...)