Deal or no deal: business review of the year

Independent News & Media was sold to Belgian group Mediahuis; the K Club changed hands for, it is said, €55 million; and a ‘kitchen table’ start-up sold for an incredible €327 million. There were as many deals that promised much but never happened

22nd December, 2019
Deal or no deal: business review of the year
Noel Moran and Valerie Willis reaped a €267 million payday. Picture: Barry Cronin

From a ‘kitchen table’ start-up to a €327 million exit, the sale of Navan-based Prepaid Financial Services was one of the biggest business deals of 2019.

While Noel Moran and Valerie Willis could take home €266 million from the transaction, they were not the only husband-and-wife business owners to strike a multimillion euro deal this year.

As is usually the case, good news was often tempered with the not-so-good: and 2019 presented the Irish...

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