The Cork shipping company Doyle Group and the Philip Lynch-led investment vehicle, One Fifty One, said today they remain 'fully committed' to a possible offer to acquire ferries group ICG for €20.75 per share.
In a statement to the Irish stock exchange the consortium said: 'Progress continues to be made on the confirmatory due diligence process, which commenced on 13 April 2007'.
A further announcement providing an update on the process will be made next week, it said.