The ISEQ index continued its steady growth today up 15.87 points on opening to 8009.99.
Irish fruit distribution company Fyffes announced it is to take over the remaining 50% of Danish fresh produce company Lembcke in a move worth €16.8m.
In 2005, Lembcke recorded before-tax profit of €5.8m in the financial year to December 31. Gross assets amounted to €42.3m and shareholders’ funds were €22m at that date.
However, there was no response on the market as yet - Fyffe shares remain unchanged at €1.59.
Irish life and Permanent was the biggest gainer in the financial sector, moving up 23c to €19.80.
Bank of Ireland and Allied Irish Bank lagged behind with a 6c increase for both, up to €14.91 and €20.24 respectively. Anglo Irish Bank inched up 4c to €13.01.
Elsewhere, CRH continued its steady rise since it announced its acquisition of Ashland Paving And Construction yesterday, moving up 10c to €26.70.