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Ireland's High Court OKs Bluefin Bidco Takeover of Irish Continental Group

MT Newswires·11/10/2026 11:18:19
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11:18 AM EST, 11/10/2026 (MT Newswires) -- The High Court of Ireland sanctioned the scheme of arrangement linked to Bluefin Bidco's planned takeover of Irish Continental Group (ICGC.L) on Tuesday, according to a same-day filing. The scheme is expected to take effect on Nov. 20, following the delivery of the court order to the Registrar of Companies. Delisting of the Irish maritime transport group's shares from Euronext Dublin's regulated market and the London bourse's main market will follow on Nov. 23. Bluefin offered 8 euros in cash for each Irish Continental Group share, valuing the target at 1.2 billion euros on a fully diluted basis.