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Janet Yellen, chair of the Federal Reserve, during a news conference on Wednesday. The Fed delivered a widely expected increase in its benchmark interest rate. Photograph: Al Drago

European shares hit their highest level in 15 months on Thursday after the Federal Reserve signalled no pick-up in the pace of monetary tightening as (...)

Ardagh chairman Paul Coulson: “We will be buying things. But there’s nothing on the horizon at the moment.”

Shares in Ardagh Group soared as much as 19.7 per cent as the glass and metal containers giant floated on the New York Stock Exchange on Wednesday, v(...)

 Paul Coulson, chairman of the Ardagh Group,  has been plotting a flotation of Ardagh since at least 2011, having taken the company private in 2003. Photograph: Alan Betson

Shares in Ardagh Group are set to debut on the New York Stock Exchange on Wednesday after the glass and metal container maker priced its $307.8 millio(...)

 AIB at Serpentine Avenue:  first bailed-out bank to unveil a dividend since 2008. Photograph: Nick Bradshaw

It was the test AIB probably wished it had failed. Two and a half years ago, the bank comfortably passed a European banking stress test of lenders’ (...)

Ardagh chairman Paul Coulson’s stake in the group is understood to be about 36 per cent. Photograph: Alan Betson

Ardagh Group chairman Paul Coulson’s stake in the glass and metal containers giant he has built by acquisition in less than two decades is worth as m(...)

Ardagh Group chairman Paul Coulson: Signalled last month that the group was planning to float on the New York Stock Exchange. Photograph: Alan Betson

Ardagh Group’s imminent $300 million (€282.4 million) share sale and New York Stock Exchange flotation has moved a step closer after the glass and met(...)

Ardagh Group will use the proceeds of the bond sale to buy back dollar- and euro-denominated debt due to be repaid between 2019 and 2022. Photograph: iStock

Multinational packaging group Ardagh expects to cut €22 million off its annual interest bill of €400 million after moving to refinance part of its €7.(...)

 Ardagh Group chairman Paul Coulson: pressing ahead with IPO and New York Stock Exchange listing by the end of March. Photograph: Alan Betson

Businessmen Denis O’Brien and Paul Coulson, who have built empires on the back of €14 billion in mainly high-risk, high-cost “junk-bond” debt, opted t(...)

Ardagh executive chairman Paul Coulson: 36 per cent stake in group would be worth up to  €2.4 billion, based on Merrion Capital’s valuation. Photograph: Frank Miller

Goldman Sachs and Davy have made it to the list of firms chosen to underwrite Ardagh Group’s planned $300 million (€284 million) initial public offeri(...)

Paul Coulson of the Ardagh Group: took company private in 2003 and owns about 36 per cent of its business. Photograph: Alan Betson

Glass and metal containers maker Ardagh Group, whose customers include Coca-Cola, Heineken and Nestlé, is advancing plans to start the process next we(...)

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