Stock exchange disclosures reveal that asset manager Veraison has bought more than 7 per cent of the embattled industrial baker. Who are the Zurich-based investors picking up the cheap stock of the group behind the Cuisine de France brand?
The Irish-Swiss B2B frozen manufacturer has made progress addressing its debt problem, but cannot seem to address the excruciating demise of its North American division. Among the generalised stock market rout, its share price has taken another hammering.
Gary McGann believes people need to see evidence of improvement if they are to regain trust in the establishment. In this candid interview, the business leader talks about politics, housing, betting and the highs and lows of his life in business.
Folllowing up on last week’s annual results announcement, Sean Keyes drills deepers into the Irish-Swiss baking giant’s latest figures.
By launching High Court proceedings, the businessman Gary McGann has upped the ante in his battle with the Revenue Commissioners over a €2.3m “generous gift” from Smurfit shareholders.
As the troubled global baking business releases crucial annual results, Sean Keyes and Thomas Hubert assess its chances of emerging from under a mountain of debt.
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