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    ICG CEO leads €1.2 billion buyout

    23 hours ago

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    Eamonn Rothwell, CEO of Irish Continental Group (ICG), is spearheading a management buyout of the company, valuing it at €1.2 billion. Shareholders will receive €8 per share, a 28.2% premium on the current price. The acquisition requires shareholder approval and regulatory clearance, with the ICG board unanimously supporting the cash offer, citing compelling value for shareholders.
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