Acquisition Made - DNCA Finance Breaches 3% Threshold in Irish Continental Group PLC
In the world of finance and the ever-intriguing game of stakes acquisition, DNCA Finance, the well-known investment firm based in Paris, has made a significant power-move. The French firm recently announced that it has crossed the 3% threshold in its holdings in Irish Continental Group PLC, a prominent player in the maritime transport industry headquartered in Dublin.
This notification of major holdings was sent to both the relevant issuer, Irish Continental Group PLC, and the Central Bank of Ireland. The announcement highlighted the recent acquisition of voting rights along with the purchase of financial instruments, signifying the firm’s rising influence in the sphere of maritime transport.
DNCA Finance, which registered its office in Paris, didn’t disclose any other shareholders’ names differing from its own. As per the declaration, the financial threshold was crossed on April 30th, 2025, followed by an official notification to the issuer on May 2nd, 2025.
Interestingly, this announcement also shed some light on the firm’s hierarchical structure, citing Natixis Investment Managers as the ultimate controlling company of DNCA Finance. Despite this, DNCA maintains that its decision-making and actions are proudly independent, adhering to French regulations.
The step taken by DNCA Finance signifies their commitment towards strategic investment decisions and securing significant positions in various sectors. As they navigate the tumultuous waters of the financial world, this recent acquisition in Irish Continental Group PLC marks a significant milestone on their journey.
- •Holding(s) in Company investegate.co.uk02-05-2025