Latest news with #MarkBourke
The Irish Sun
17 hours ago
- Sport
- The Irish Sun
Late Meath comeback rescues point against Armagh as Kerry and Galway produce convincing wins on opening weekend
KERRY manager Mark Bourke praised his side's second-half display in their 0-13 to 1-4 defeat of MAYO. The Green and Red trailed the Advertisement 2 Aoibhín Cleary was player of the match for Meath against Armagh 2 Last year's champions started the campaign with winning ways But the Kingdom stormed clear following a clear-the-air session. Bourke said: 'We had a frank discussion about things at half-time. 'They had a look at themselves. We did much better in the second half.' Mayo only scored one point after the restart and boss Liam McHale said: 'We would have expected to score five or six points in the second half.' Advertisement Read more on GAA Connacht champions GALWAY began their campaign with a comfortable 1-13 to 0-7 victory over TIPPERARY. Tribe boss Daniel Moynihan said: 'The work rate, the drive, the pressure we put on Tipperary, was exceptional.' MEATH came from four points down with three minutes to go to draw 3-8 to 2-11 with ARMAGH in Navan. Royals captain Aoibhín Cleary said: 'We kept fighting until the end, which was great. Advertisement Most read in GAA Football 'It was great to come back to get that draw after Armagh had been leading for the majority of the second half.' RTE GAA pundits argue over who started halftime row as Cork eventually topple Limerick in Munster epic final
Reuters
6 days ago
- Business
- Reuters
Novo Banco's shareholders change bylaws for possible IPO, sources say
LISBON, June 4 (Reuters) - Shareholders of Portugal's Novo Banco on Wednesday approved key changes to its bylaws that would allow the lender to go ahead with a public listing, according to three sources with knowledge of the matter. The statutory change approved at a general meeting of shareholders would only become effective if an initial public offering (IPO) goes ahead, one source said. Two other sources confirmed the approval of the changes. Novo Banco, which is Portugal's fourth-largest bank and is 75%-owned by U.S. private equity fund Lone Star, in February began preparations for an IPO, but a full sale has not been ruled out. The first source said the so-called dual track process, in which sellers typically seek to build competitive tension between an IPO and a full sale to achieve the best price, remains on the table. CEO Mark Bourke has long advocated for an IPO, which would keep the lender independent, and said a month ago that it was targeting either June or September, depending on the markets and the final go-ahead from shareholders. Novo Banco was created in 2014 from the collapsed BES after a state bailout, with Lone Star buying its stake in 2017. The resolution fund, which is financed by Portugal's banks, holds 13.54% and the Portuguese state holds the remaining 11.46%. Novo Banco, Lone Star, the resolution fund and the finance ministry, which manages the state's stake, declined to comment. Sources told Reuters in September that Novo Banco could be worth about 5 billion euros ($5.69 billion) after it completed a turnaround, which involved focusing solely on Portugal and becoming profitable. ($1 = 0.8787 euros)
BreakingNews.ie
25-05-2025
- Sport
- BreakingNews.ie
Síofra O'Shea impressed Kerry have kept up standards from All-Ireland win
Kerry forward Síofra O'Shea says she is pleased Kerry have been able to keep up the standard of football that saw them win the All-Ireland last year. After going over 30 years without winning the All-Ireland, the Kerry ladies finally got their hands on the prize when they defeated Galway. Advertisement This season, they have shown no signs of slowing down, with a Division One title already secured, and a Munster final against Waterford this weekend. This is despite a change in management, with Mark Bourke taking over from Declan Quill and Darragh Long, along with the retirement of key players. One player who has been vital to their success is O'Shea, who is pleased Kerry have not dropped off so far this season. "We lost our opening game to Armagh, we learnt from each game and went on a good winning run which lead us to a league final, where we put in our best performance of the year in that final was definitely satisfying. Advertisement "We gave so much effort to win the Brendan Martin Cup. When you do win it, that feeling you get for 30 minutes or so, that is a feeling you want to get back. "You want to get that again. The celebrations we had after it, that is probably the feeling you are chasing again. "With a new group, you want to write your own story. Being the hunted, you could get carried away with yourself, but we have been kept fairly grounded. "Standards are a big think, and Mark Bourke has come in and kept those standards high. His level of training, what he expects of us while we are at training, and way from training is massive." Advertisement After final defeats in 2022 and 2023 to Meath and Dublin, it looked as though the moment may have passed for Kerry to win and All-Ireland. With experienced players having gone down this road before, and management considering what to do, a huge effort by the squad, with the return of O'Shea from injury, ended decades of heartbreak. The Kerry forward paid tribute to the former management of duo for helping them achieve their dream. "When you get to an All-Ireland, and lose, you think will we ever get back here again. Then you get back the next year and you think you have done everything in your power to win an All-Ireland, and you fall short again to Dublin "After that, do we go our separate ways as a group and the management leave, or do we give it one more go? When we decided to give it one go, we just decided to put absolutely everything into it. "That is when we saw the level we could get to and the hard work that needs to be done. Last year, no one was going to stop us, the hurt fuels that fire."
Irish Independent
16-05-2025
- Automotive
- Irish Independent
European IPO offers could take advantage of market stability
At least five sizable companies are considering a first-time share sale on regional bourses ahead of the traditional summer lull that usually starts around the middle of July, according to people familiar with the matter. German firms Autodoc SE, an online car parts retailer that's backed by Apollo Global Management, and medical technology group Brainlab AG could both tap markets within this period. Sweden's Hacksaw and Nordic Capital-backed NOBA Bank Group AB are also considering imminent offerings, said the people. In Portugal, Novo Banco SA continues to prepare for a possible IPO alongside talks about a possible sale, the people said. Majority owner Lone Star Funds has been holding discussions with suitors about a possible buyout, which could pre-empt a listing, Bloomberg News reported last week. Chief executive officer Mark Bourke said earlier this month an offering could take place as soon as June. Several of the firms have been holding detailed discussions with potential investors in preparation for possible IPOs, the people said. A renewed upswing in market volatility or disagreements over valuations could place many of the companies' plans for an IPO on hold, they said. Deliberations are ongoing and details of the potential offerings could still change, the people said. Representatives for Apollo, Autodoc, Hacksaw, Lone Star, NOBA Bank and Nordic Capital declined to comment. A spokesperson for Novo Banco referred Bloomberg to Mr Bourke's comments last week about the timing of a possible offering. ADVERTISEMENT A spokesperson for Brainlab said the company hasn't made a decision. 'Brainlab keeps all its long-term options open to explore possibilities to support the long-term growth and equity story of the company,' the representative said. A flurry of European deals could help fuel a global revival in IPO activity following a strong market rebound from the disruptions caused by US tariffs. Volatility in recent months led companies such as Stada Arzneimittel AG to delay their offerings, with regional activity slowing to a crawl in April.
Bloomberg
06-05-2025
- Business
- Bloomberg
Lone Star's Novo Banco Aims for Possible IPO in June, CEO Says
Portuguese lender Novo Banco SA is 'well advanced' in drafting a prospectus for a possible initial public offering, which it aims to carry out in June at the earliest, Chief Executive Officer Mark Bourke said. 'We continue to have the same timetable, which is aim for June,' Bourke said in an interview on Tuesday. 'If market conditions are conducive, that's your first window. If not we go to September.'
