Fri 03 Mar 2007ICG considers €471m offerIrish Continental Group (ICG) is set to be taken private
following a decision by the ferry operator's independent board
members to recommend a €471 million cash offer from its chief
executive Eamonn Rothwell and four other members of the management
team.
Ciarán Hancockreports.The offer from a company called Aella values ICG's shares at
€18.50 each, an 18.6 per cent premium on the closing price on
Wednesday.