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Kingspan In "Advanced Talks" To Acquire Steel Firm Joris Ide Group

Mon, 26th Jan 2015 07:30

LONDON (Alliance News) - Irish building materials company Kingspan Group PLC Monday said it was in "advanced discussions" to acquire Belgian steel manufacturer Joris Ide Group

Kingspan confirmed the acquisition talks, following recent speculation in the Belgian press.

"Kingspan confirms that it is in advanced discussions with the shareholders of the Joris Ide Group to acquire the business, although there can be no certainty that current discussions will result in an agreement being concluded," the company said in a statement Monday.

By Rowena Harris-Doughty; rowenaharrisdoughty@alliancenews.com; @rharrisdoughty

Copyright 2015 Alliance News Limited. All Rights Reserved.

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26 Feb 2014 17:47

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24 Feb 2014 10:38

Kingspan Reports Higher Profits, Sales For 2013; Lifts Dividend 14%

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24 Feb 2014 08:30

UK MORNING BRIEFING: HSBC Shares Fall On Lower-Than-Expected Profit

LONDON (Alliance News) - Shares have opened lower Monday amid a raft of UK corporate announcements. HSBC Holdings is the biggest faller in the FTSE 100, down 4.0%, as it reported just after the open lower-than-expected pretax profit in its recent full year.

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13 Nov 2013 16:15

BAE Systems' Hudson sells 95,000 shares

Linda Hudson, the President and Chief Executive Officer of BAE Systems Inc., on Tuesday reduced her stake in the group by 95,000 shares. Hudson, who is an Executive Director of BAE Systems plc., disposed of the shares at 450.90p for a total trade value of £428,356. The defence group a month ago

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13 Nov 2013 15:32

DIRECTOR DEALINGS: Kingspan Executive Sells 45,000 Shares

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12 Nov 2013 15:48

Sector movers: CRH lifts construction and material stocks higher

Construction and material stocks were making gains on Tuesday, helped by a good performance from Irish firm CRH after a decent turnaround in the third quarter. The FTSE 100-listed building materials stock was trading 3.4% higher at 1,613p before the close of trade after reporting that like-for-like

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11 Nov 2013 11:26

Kingspan Sales Jump On Acquisitions, But Many Markets Still Weak

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21 Oct 2013 16:11

Hunting Chairman reduces family trust holding

Richard Hunting, the non-Executive Chairman of FTSE 250-listed energy services provider Hunting, has reduced the Hunting Family Trusts' stake in the company. Some 35,796 shares were disposed of for an average price of 857.8p a share, raising £307,058. Richard, who is a trustee of the Hunting Fami

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21 Oct 2013 10:43

DIRECTOR DEALINGS: Kingspan Group Company Secretary Sells Shares

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19 Aug 2013 14:26

Robust Kingspan battles through tough first half

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12 Nov 2012 13:26

Kingspan looks ahead with confience despite slowing sales growth

Kingspan Group, which provides low energy building solutions, saw its shares dip after admitting that the pace of sales growth decreased 0.7 per cent in the third quarter compared to the same period in 2011. The drop was the result of a relatively subdued sentiment in the company's end markets, a

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13 Mar 2012 16:13

Galliford Try CEO buys shares while his other firm sells

Greg Fitzgerald, the Chief Executive of Galliford Try, the FTSE 250 housebuilding and construction firm, has topped up his stake in the company. The director bought almost £50,000-worth of shares in the firm at the same time Crownway Builders, a company in which Fitzgerald owns 37.5%, sold off mor

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31 Jan 2012 16:15

Chemring Chairman stocks up

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29 Nov 2011 16:29

Outgoing chief at Spirit buys shares

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