Doughty Hanson preferred bidder in €250m TV3 buyout
Private-equity firm Doughty Hanson has emerged as the favourite to buy Irish television station TV3 for more than €250 million.
Succession an issue for CRH
“We are an Irish company and proud of our roots. Our Irishness is steeped in the culture of CRH."
BoI blocks buyout attempt for Davy Stockbrokers
Bank of Ireland has rejected efforts by executives at Davy Stockbrokers to buy the country’s largest stockbroker from the bank, The Sunday Business Post has learned.
Kingspan to splash €100m on acquisitions
Building products business Kingspan is eyeing up acquisitions worth approximately €100million in the near future, according to reliable sources.
Bank of Ireland to back Dunne AIB deal
Bank of Ireland is poised to back developer Sean Dunne’s €200 million purchase of 3.25 acres in Ballsbridge from AIB.
Calnan branches out
SWS Group boss Kieran Calnan hasn’t kicked a football in anger for Carbery Rangers in years, but his affection for his local GAA team remains intact.
Windfarm energy ‘is the key to alternative power’
When SWS Group’s 45-megawatt (MW) windfarm project in Kilgarvan, Co Kerry, is fully commissioned in the next few weeks, it will have the capacity to light up 30,000 homes in the county.
Stock exchange to offer China fund out of Dublin
The Irish Stock Exchange is planning to offer investors at least two more exchange traded funds (ETFs) by the end of the year following the success of the Iseq 20 ETF over the last 12 months.
Iseq 20 Exchange Traded Fund enjoys solid debut
One year since it was launched on the stock market, the Iseq 20 Exchange Traded Fund (ETF) has rewarded investors who supported its debut with a 12-month gain of 30 per cent.
Grafton sits on property worth €200m
Building materials group Grafton could raise €200 million easily if it were to follow the example of other Irish publicly-traded companies that are selling valuable property sites.
No dividend planned after Aer Lingus flotation
Aer Lingus management has no plans for the company to pay a dividend to shareholders, if and when the airline is floated on the Irish Stock Exchange this year.
BIAM begins its search for new investment officer
Bank of Ireland Asset Management (BIAM) has begun the search to find a replacement for Chris Reilly, one of the domestic industry’s best-known and respected fund managers.
Bank boss: No property bubble
The chief executive of the country’s third-largest mortgage lender has said that current house-price inflation is not a concern, contradicting claims made last week by Denis Casey, Permanent TSB boss, that the surge in prices in the first quarter of
EBS bolsters commercial lending team
EBS has hired a new lending team in a belated bid to break into the lucrative commercial lending arena, a traditional weak spot for the lender.
Contenders to buy TV3 whittled down by bidding
The number of contenders vying to buy television station TV3 is expected to be whittled down to a handful after the second round of bidding closed last Friday.
Master Mullins
A clock tower perched above the stables announces the location of Closutton, minutes before you arrive at the training establishment owned by Willie Mullins.
CRH rally built on solid ground
The sustained rally in CRH, which has seen its share price rise by more than 30 per cent since hitting a weak point last October, looks well justified.
Bookies set for €100m Cheltenham bonanza
Bookmakers are looking forward to a bumper week of gambling, worth well over €100 million, in what is traditionally the busiest week of the year for the betting industry.
Irish firm pioneers low-cost telecoms franchise
A group of Irish entrepreneurs claims to have established the world’s first low-cost telecoms franchise business, which will be available in more than 30 countries.
LSE share rise could gift Irish firms
The inheritance windfall awaiting a number of the smaller Irish stockbrokers climbed to more than €30 million this weekend, as the share price of the London Stock Exchange (LSE) soared past the €8 mark last Friday.