Market's view on Int.cap.grp
Published on April 2024
- A FTSE 100 private equity fund manager has acquired Law Business Research from Levine Leichtman Capital Partners.
- A participant added shares at 1955p, expressing hope for positive results at the end of May.
- It was noted that the share price closed at £20, and another participant mentioned the difficulty in the market affecting share prices, with values dropping below £20.
- Final results were announced to be expected on the 28th of May.
- Intermediate Capital Group changed its ticker to ‘ICG’ on 15 April 2024, reflecting the update in their business focus, including a commitment to providing capital solutions and achieving sustainable results, managing assets across four classes.
- Concerns were raised about the potential impact of higher oil prices on Irish firms.
- The Moonduster consortium’s investment in the Irish Continental Group was reported to be significantly underperforming, with losses over €44m.
- There was a report on the decline in Irish port traffic by 18% in 2009 and a significant reduction in capital spending in Ireland, particularly in the building and construction sectors.