Ed Micheau

Ed Micheau

Tycoons back O'Mahoney's international securities firm

Tycoons back O'Mahoney's international securities firm

Telecoms entrepreneur Denis O'Brien and property developer Paddy Kelly are among the who's who of Irish business believed to be backing former banker Tiarnan O'Mahoney in his new venture.

Confusion surrounding valuation of Aer Lingus

Confusion surrounding valuation of Aer Lingus

Aer Lingus could be valued at anything from €500 million to €1 billion, with the wild variation in the valuation reflecting the recent uncertainty surrounding the national airline's future.

O'Brien joins the race to buy Meteor

O'Brien joins the race to buy Meteor

Entrepreneur Denis O'Brien has submitted an indicative bid to buy Meteor, the country's third mobile phone operator, in a move that could see him re-enter the mobile telephone market.

Carton makes the cut

Carton makes the cut

Legendary golfer Gary Player's simple rule of thumb, that “golf is a lucky game - the harder I practise, the luckier I get", should have a particular resonance for all at Carton House.

Jurys Doyle shares increase in advance of bidding frenzy

Jurys Doyle shares increase in advance of bidding frenzy

Several potential bidders are circling Jurys Doyle Hotel Group, with at least one approach expected to emerge in the coming days, while an unidentified British hotel group is also said to be monitoring events closely.

Stock Exchange shakes up corporate structure

Stock Exchange shakes up corporate structure

The Irish Stock Exchange is to convert to a company limited by shares, with the planned move happening either in late 2005 or early 2006.

Checking out?

Checking out?

The premature revelation of the takeover approach to hotel group Jurys Doyle was underscored by the fact that two leading members of the Precinct consortium were on holiday last week in Italy and Vietnam.

IAWS sets its sights on Oxigen

IAWS sets its sights on Oxigen

IAWS Co-op is eyeing up a move for Oxigen Environmental, one of the top-five waste-management companies in the country, according to industry sources.

Barclays sets its sights on €50m turnover companies

Barclays sets its sights on €50m turnover companies

The news that Barclays Bank has obtained a full Irish banking licence is just another step in the internationalisation of corporate banking services to local businesses.

Greencore in talks to renegotiate €400m debt

Greencore in talks to renegotiate €400m debt

Greencore is planning to refinance its entire bank debt of between €350 million and €400 million in the near future, The Sunday Business Post has learned.

Superquinn's €5 million gift to employees

Superquinn's €5 million gift to employees

Superquinn founder Feargal Quinn is to give over 4,000 employees of the retail chain a parting gift of close to €5 million when the acquisition of the supermarket chain is completed later this year.

Aer Lingus waits for take off

Aer Lingus waits for take off

In any other country, the achievement of an operating margin of 11.8 per cent by an airline might have merited special mention and perhaps even a little commendation.

NTR: West Link toll bridge not for sale

NTR: West Link toll bridge not for sale

Jim Barry, chief executive of NTR plc, is expected to reiterate tomorrow that the West Link toll bridge is not for sale when the company reports full-year results for 2004.

Luxury is Conrad's game

Luxury is Conrad's game

The top end of Dublin's hotel market has not yet reached full capacity, and the city has plenty of scope to support more luxury, five-star hotels, according to the global president of Conrad Hotels.

Late payments hold back Irish economy

Late payments hold back Irish economy

Companies are taking longer to pay creditors, with the increase in payment time forcing many companies to record unsustainable bad debt expenses, a newsurvey has found.