SHAREHOLDERS in plastics and radiator group Barlo should not feel compelled to accept management’s buy out offer, according to Merrion Stockbrokers who argue the price on offer undervalues the group.

RYANAIR swooped yesterday to pick up rival low-cost carrier Buzz for just €5m from KLM, while simultaneously ordering 100 new Boeing jets boosting its fleet to 250 aircraft within eight years.

KINGSPAN has cancelled its current share buy-back programme which has cost the company €7.9 million and resulted in a loss of €2.17m as share values have fallen by 27.5%.

THE tardiness of CRH in disclosing potential exposure to asbestos litigation cost shareholders over €1 billion as the share price plunged yesterday when the company finally went public on the problem.