Ireland's low corporate income tax attracts US multinationals but the country's Department of Finance claim the policy aims to bolster local economy.
Falcon Oil & Gas Ltd. acquired Sweetpea's 24% minority interest or 50 million shares in Falcon Australia.
Ingersoll said that it could see Allegion reach a market capitalization of US$4 billion.
Ireland's economy is still in recession as the end of bailout approaches.
The IMF released Ireland's aid fund for its bailout due to 'steadfast' economy.