Smurfit Kappa chairman Liam O’Mahony said the IP bid “entirely fails to value the group’s intrinsic business worth and prospects”. Photograph: Cyril Byrne

Two US hedge funds, Davidson Kempner and York Capital, have accumulated a combined 4.74 per cent interest in cardboard box maker Smurfit Kappa using f(...)

 Eir said on Thursday that companies controlled by French telecoms billionaire Xavier Niel are set to complete the takeover of the former Irish phone monopoly “within weeks”

Eir said on Thursday that companies controlled by French telecoms billionaire Xavier Niel are set to complete the takeover of the former Irish phone m(...)

Jamie Dinan: forced to cross the globe to persuade big investors to stick with his funds as they grappled with weak returns and money withdrawals

A year ago, US hedge-fund billionaire and part owner of the Milwaukee Bucks baseball team, Jamie Dinan, was under the cosh. The then 57-year-old – w(...)

Accounts filed for Burlington Loan Management show its Irish assets fell to 5 per cent of the total portfolio in 2016 from 7 per cent a year earlier. Photograph: iStockPhoto

A Dublin-based company set up by Davidson Kempner to finance distressed assets acquired by the US hedge fund since 2009 saw its level of Irish holding(...)

Eir said on Thursday that its hedge-fund owners are in talks with a potential investor seeking to take a “significant” stake in the firm. Photograph: Alan Betson/The Irish Times

Eir said on Thursday that its hedge-fund owners are in talks with a potential investor seeking to take a “significant” stake in the firm. The develop(...)

Eir’s headquarters in Dublin. The telecoms group’s full-year profits rose 4 per cent to €520 million, while revenues were steady at €1.3 billion. Photograph: Alan Betson

The hedge-fund owners of Eir are weighing a possible trade sale of the telecoms group instead of a stock-market listing, which had previously been see(...)

Eir’s number of mobile-phone subscriptions rose by 5,000 in the first nine months of its financial year, to 1,065,000.

Eir’s main shareholders are committed for the long term as a future stock market flotation must raise money to cut its €2.13 billion debt mountain rat(...)

Navan Town Centre: Davidson Kempner was expected to pay about €59 million for a majority stake.

Two large American investment companies have decided against proceeding with the planned purchase of shopping centres in Navan and Mullingar. Davids(...)

Over time, more and more, mainly US, firms - including Lone Star, Cerberus, CarVal and Davidson Kempner - descended on Ireland’s shores. They’re often dubbed “vulture funds” for feeding off the types of soured assets that most other types of investors would run a mile from. File photograph: Getty Images

Overseas private equity firms and hedge funds began to smell blood in 2010 as the shutters were pulled down on Bank of Scotland (Ireland) and the Stat(...)

The Government sees consumer spending rising 3.3 per cent and 2.9 per cent for this year and next, albeit down from a 4.5 per cent surge in 2015, even as Brexit takes its toll on sentiment. Photo credit should read: Dominic Lipinski/PA Wire

As retailers dream of ringing tills this Christmas, some of the biggest landlords have already been to the bank. Shopping centres emerged in 2016 a(...)

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