The Independent

Tuesday, January 06 2009

Today's Paper

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Business

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Kingspan gains foothold in US with $111m buyout

By Ailish O'Hora Business News Editor

Construction materials firm Kingspan has made a $111m (€75m) acquisition in the US. The Cavan-based company has bought US panel maker Metecno in a cash deal that includes about €25m in bank debt.

EirGrid to buy transmission network SONI for e37.6m

By Sharon Lynch

Eirgrid, the national grid operator, is to buy the company that runs the electricity transmission system in Northern Ireland for £30m (€37.6m)

Directors of top companies enjoy average pay rises of 12pc last year

By Sharon Lynch

Directors of companies listed on the Irish Stock Exchange enjoyed an average basic pay rise of 12pc last year, according to a survey by global human resources services firm Hewitt Associates.

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