Greencore

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Greencore chief executive Patrick Coveney said  the company had received an unsolicited bid for its US business.  Photograph: Dara Mac Dónaill

Shareholders in Irish-based food group Greencore have approved the company’s plan to sell-off its US business to Hearthside Foods for $1.075 billion ((...)

Former UK prime minister Tony Blair is scheduled to speak Web Summit in Lisbon. Photograph: Kirsty O’Connor/PA Wire

Monday Results: Mylan, Avadel Pharmaceuticals, Taro Pharmaceuticals, Avis Budget, Ferrari, Marriott International. Indicators: Irish services purcha(...)

Stock-market watchers say international investor flows into Irish property stocks have dried up in recent months because there was less upside to the sector than they had expected.

Investors around the world are smarting from the losses suffered in what has been called Red October, when stock markets gave up their gains for the y(...)

Core chief development officer Justin Cullen will set up advisory business Jolt Esquire and take on non-executive roles.

Justin Cullen, a senior executive and director in Irish marketing group Core, will leave the company in January to set up his own advisory business an(...)

Patrick Coveney at the  Greencore Group agm. Analysts largely believe he’s done the right thing by shareholders. File photograph: Dara Mac Dónaill

Greencore chief executive Patrick Coveney reached for superlatives as he unveiled a $747 million (€652.3 million) deal in November 2016 that, he hoped(...)

Smurfit Kappa had a strong day on the Iseq, with the paper and packaging company bouncing 3.6 per cent to €29.56. Photograph: Luke Mac Gregor/Bloomberg

European equities staged a sharp recovery after last week’s market carnage and a sluggish Monday session as most sectors rallied and investors turned (...)

Greencore chief executive Patrick Coveney insisted the company’s decision was not taken under duress.

Shares in sandwich-maker Greencore rebounded on Tuesday after falling 9 per cent on Monday following the company’s surprise decision to sell out of th(...)

Greencore chief executive Patrick Coveney surprised markets on Monday by announcing the sale of its business in the United States. Photograph: Dara Mac Donaill / The Irish Times

Shares in Irish food company Greencore fell by almost 9 per cent after the company surprised the markets by announcing the sale of its business in the(...)

Greencore chief executive Patrick Coveney. Photograph: Dara Mac Dónaill

Stockbroker Davy described it as a “value accretive back step” but Greencore’s surprise decision to sell its US assets marks another retreat from the (...)

Traders on the floor of the New York Stock Exchange. US stocks fell on Monday due to Saudi tensions and worries over borrowing costs and tariffs. Photograph: Michael Nagle/Bloomberg

European shares hit their lowest level since December 2016 in early trading as trade wars, rising US yields, Brexit and the Italy/EU budget row contin(...)

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