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Business Today |
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Thursday, 13 August, 2026 | | |
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Editor's Note |
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Good morning, reader |
Irish Continental Group boss Eamonn Rothwell may succeed with his latest attempt to take the listed ferries group private but it won’t be with the blessing of some institutional investors who, writes Joe Brennan, are set to vote against the management buyout proposal.
Mortgage interest rates in Ireland are rising, according to new Central Bank data, but they are doing so less dramatically than in some other EU states, allowing Ireland to dip below the average euro zone interest rate on new mortgages in June for the first time in over three years. Stephen Conneely has the numbers.
Five years ago, engineering group BMC Manufacturing was making pretax profits of just over €50,000; last year, it was €22.5 million. Barry O’Halloran takes a look at the business, founded by Brendan Meehan in Ashbourne 35 years ago, which has been utterly transformed by the data centre boom, leading to Tuesday’s €900 million acquisition by Kingspan.
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Dominic Coyle |
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