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Managing director of Ornua’s global foods division Róisín Hennerty: the company has stockpiled nearly 40,000 tonnes of product, mainly cheese, in the UK ahead of the possibility of a crash-out Brexit. Photograph: Naoise Culhane

Ornua’s first foray into the United States was something of a failure. Ireland’s largest dairy exporter, owner of the billion-euro Kerrygold brand, di(...)

Greencore proposed the return of value to shareholders after selling out of its US business for $1.075 billion  to American rival Hearthside Foods in a surprise move last year. Photograph: Cyril Byrne

I was wondering if there will be a special dividend to those people who didn’t participate in the Greencore tender offer. Regards Mr D.L., email I (...)

Smurfit Kappa chief executive Tony Smurfit. Photograph: Brenda Fitzsimons

From promising acquisitions to significant asset sales and business exits, the winners for July, August and September of this year’s Irish Times Busin(...)

Greencore has become more dependent on the UK after selling its US operation last November to Heartside Foods.

Shares in Greencore, which makes about half of all sandwiches sold on UK’s high streets, slid on Friday after analysts at German brokerage Berenberg d(...)

Press Up owns 34 businesses in the Republic

Press Up Entertainment, the fast-growing pub, restaurant and hotels group, has appointed Emma Hynes as its new chief financial officer. The company a(...)

2018 M&A deals up 5% last year

In 2018, 268 M&A deals were recorded, an increase of 5 per cent from 2017, with total transaction values adding up to €10 billion. Some of the hi(...)

Kingspan chief executive Gene Murtagh: The insulation and building materials specialist led the way with a  gain that saw it close at €38. Dealers said the stock had been weak on Monday but had strong recovery through Tuesday

Markets hit two-month highs on Tuesday aided by good news from several companies including oil giant BP which reported that profits doubled in 2018. (...)

Greencore had committed to buying back just under 37 per cent of any shareholder’s holding. Photograph: Cyril Byrne

I have some shares in Greencore and am trying to sell them back to the company under their return of capital. I gather the plan was approved at the ag(...)

Greencore chief executive Patrick Coveney at the company’s agm. Photograph: Cyril Byrne

The share buyback offer of sandwich group Greencore has been oversubscribed, with shareholders taking up the full £509 million (€567m) on offer. Howev(...)

In New York, the S&P 500 and Nasdaq fell on Tuesday, as technology stocks pulled back. Photograph: Brendan McDermid/Reuters

European shares closed higher ahead of a blizzard of political, economic and corporate events, with a Brexit vote and Apple results on Tuesday and a F(...)

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