ICG Management’s $1.2B Buyout Under Fire | Dublin News

Irish Continental Group’s management, led by CEO Eamonn Rothwell, is pushing a $1.2 billion buyout to take the ferry company private at 8 euros per share — a 28% premium. But major investors like Oxy Capital are furious, calling it a massive undervaluation and a rushed deal that leaves shareholders high and dry. They argue the company’s financial outlook is actually improving, with lenders ready to fund growth or buybacks instead — suggesting this management bid might be a costly mistake if shareholders don’t act fast. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/8fa5e05e5fe2a086