Gene Murtagh, chief executive, Kingspan: Fidelity Investments and Capital Group now hold 13.04 per cent of the shares in the company, worth more than €2.1 billion at its current market cap of over €17 billion. Picture: Maura Hickey
Two of the world’s biggest investment funds spent more than €260 million combined to build their stakes in Kingspan, the Cavan insulation company. Fidelity Investments, which has more than $4 trillion in assets under management, bought €87 million worth of shares last week to push its stake to 4 per cent.
Capital Group, the Los Angeles-based fund with $2.6 trillion in assets under management, bought €175 million worth of shares to bring its stake to 9.04...
Portugal Últimas Notícias, Portugal Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Harvey’s Point set to invest €1.2m in renovations this year | Business PostTMR Hotel Collection has already added 28 rooms and renovated the ballroom of the ‘special’ four-star Donegal hotel
Consulte Mais informação »
Legal row that delayed the use of social housing units for 18 months is settled | Business PostApartments bought by large investment fund RediResi had been left empty due to a dispute with South Dublin County Council
Consulte Mais informação »
Mental health start-up Fettle aims to raise €7m in funding | Business PostFettle’s online service matches clients with therapists and while it now has 30 counsellors on its books it expects to have 50 by the end of this month.
Consulte Mais informação »
€348 million in Covid-19 business supports repaid to Revenue | Business PostThe government announced the resumption and reopening of supports for businesses in December
Consulte Mais informação »
What To Buy In January: 5 Investment Pieces We Love - The Gloss MagazineThese new in pieces feel super fresh. Shop the best of what's new this week with this edit from THE GLOSS.
Consulte Mais informação »