8 November, Friday, 2024
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HomeHealthHealthy Dublin stock market is in our best interest

Healthy Dublin stock market is in our best interest

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Narrated by James Marriott

There is very little that Irish policy makers can do to halt the gravitational pull being exerted on large Dublin-listed companies from acros s the Atlantic.

CRH and Flutter are heading stateside as that market is now their main centre of interest and source of opportunity. Smurfit Kappa is planning a $19 billion merger with an American peer, WestRock. As happened when Total Produce merged with the fruit company Dole, to consummate the deal the proposed union will settle on an American listing.

Four years ago Kerry Group planned to shift its listing to New York if it successfully merged with the ingredients arm of DuPont. The deal fell though. The food company stayed put, for now.

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