Shares in Irish Continental Group (ICG) rose over 4% after independent directors outlined a potential path for a management buyout. The buyout, led by CEO Eamonn Rothwell, remains in a critical phase as details are finalized. The company, which operates Irish Ferries, has been under pressure due to financial challenges. The proposed deal aims to stabilize the business but faces regulatory and shareholder scrutiny. Independent directors are working to ensure the plan meets all requirements. The outcome could significantly impact the company’s future direction. Investors are closely watching developments as the buyout nears completion. The situation highlights ongoing uncertainty in the maritime sector.