Irish Ferries parent firm may face management buy-out

Shipping company Irish Continental Group (ICG), which owns Irish Ferries, has confirmed that chief executive Eamonn Rothwell may lead a management buy-out of the company.

Irish Ferries parent firm may face management buy-out
Thu, 08 Mar, 2007 - 08:54

Shipping company Irish Continental Group (ICG), which owns Irish Ferries, has confirmed that chief executive Eamonn Rothwell may lead a management buy-out of the company.

A group of independent directors appointed to examine the proposal have said they are prepared to recommend an offer of €18.50 per share.

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CourtsBusinessIrish ContinentalPerson: Eamonn RothwellOrganisation: Irish FerriesOrganisation: Irish Continental GroupOrganisation: ICG
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