IFG, a Dublin-based financial services group, fell the most in more than eight years after it said talks on a takeover bid with Bregal Capital concluded without a bid.

FIORDLAND, the biggest shareholder at financial services group IFG, will make a significant profit on its initial investment should a €231 million takeover prove successful.

FINANCIAL services group IFG is set to update the market on the potential takeover battle for the business next week.

THE takeover saga at IFG is likely to be largely concluded by early August, the financial services group’s management said yesterday.