Monday 26 September 2016

The prospect of the largest shareholder in embattled insurance firm FBD, Farmer Business Developments, making a bid for the company appears remote. Padraig Walshe, chairman of Farmer Business Developments, said his shareholders probably wouldn't want to make a move on the insurer. Farmer Business Developments owns 25pc of FBD, whose share price has collapsed in recent weeks. That has prompted speculation that a rival insurance firm might buy it with a view to expanding its presence in the agricultural sector.

Published 10/08/2015 | 02:30

The prospect of the largest shareholder in embattled insurance firm FBD, Farmer Business Developments, making a bid for the company appears remote. Padraig Walshe, chairman of Farmer Business Developments, said his shareholders probably wouldn't want to make a move on the insurer. Farmer Business Developments owns 25pc of FBD, whose share price has collapsed in recent weeks. That has prompted speculation that a rival insurance firm might buy it with a view to expanding its presence in the agricultural sector.

  • Go To

Sunday Times

General Electric has taken a 33pc stake in an €8bn project that aims to erect 750 wind turbines across the midlands that would export power to the UK. The US firm has taken the stake in the Greenwire project, which was established by Element Power in 2012. General Electric said its investment in Greenwire is strategic.

Sunday Business Post

The Exchequer took in €260m from cash-in share options by tech executives last year. The windfall came a year after the Revenue Commissioners began a crackdown on tax from share-based remuneration.

Frankfurter Allgemeine

Greece's creditors agreed on 27-page draft that spells out reforms the country must undertake in the next three years to be eligible for third bailout package. The draft was to be discussed with the Greek government over the weekend and then presented to EU member states.

Irish Independent

Read More

Promoted articles

Editors Choice

Also in Business