Denis O’Brien | Business Post

Post Script: Declan Kelly’s hiring spree, Ryan Tubridy’s curious app, Denis O’Brien’s maths class

A new column from the Business Post takes a look at the scenes behind the stories

Debt did him down: how Denis O’Brien lost his grip on Digicel

After its initial success in the Caribbean, Digicel built up crippling debt. Last week the bondholders’ solution to the $4.6bn owed was to wipe out some of it – but only in return for O’Brien giving up the vast majority of his stake in the firm

Matt Cooper: Denis O’Brien finally folds ’em after calling his creditors’ bluff for long enough

The Digicel boss surrendered a majority of the ownership of his Caribbean mobile phone operation, but he’s still enormously wealthy with a raft of assets in Ireland and abroad

Denis O’Brien to give up control of Digicel in exchange for debt reduction

Bond creditors will swap almost €2 billion of the group’s borrowings for an equity stake

Sun, sea and golf beckon at Algarve’s latest exclusive development

A gated scheme of 89 apartments and villas on the 12th hole of Quinta do Lago North Golf Course is coming to market. Prices start at €3.2 million for the apartments up to €8 million plus for the largest of the luxury villas

Ian Guider: O’Brien may have to dig deep into his own pockets for debt-laden Digicel

The chaotic situation in Haiti is not helping Digicel’s cause and with $925m loans due to be repaid next month, the company’s only options appear to be an injection of cash from O’Brien, a writedown by bondholders or selling assets

Gardai analysing if Siteserv report merits full investigation

The company was sold in 2012 to billionaire Denis O’Brien. An inquiry found the deal cost taxpayers almost €9m

MORNING BRIEFING

Intel staff offered unpaid leave; Profits surge at Denis O’Brien’s Actavo

The stories you need to read this morning in business, politics and current affairs

Profits surge at Denis O’Brien’s Actavo after offloading its sales and hiring arm

Prior to rebranding as Actavo, the company was known as Siteserv, which was at the centre of major controversy over recent years around how Denis O’Brien acquired the organisation

Anglo liquidators to review Sitserv inquiry report

Decision about possible further action on controversial sale of company likely within weeks

Corporate watchdog highlights concerns in Siteserv report

Taoiseach wrote to Social Democrat TD Catherine Murphy to say the commission had cost €12.1 million so far and that there would be ‘no useful purpose’ served in investigating the 37 remaining transactions

Ian Guider: Can Denis O’Brien make it a Digicel debt deal hat-trick?

The telco tycoon has won out with the bond markets twice before in refinancing his debt-laden giant, but on this occasion he has already played his trump card

Finance official leaked confidential Siteserv sale details while at Davy

A list of bidders for Siteserv was disclosed by Des Carville – now a senior civil servant in the Department of Finance – to a corporate finance consultant, who passed on the information that would ultimately alert Denis O’Brien to the sale

The Siteserv saga: How a multimillion euro deal was 'tainted by impropriety'

After seven long years, an IBRC report has laid bare the sleight of hand behind the controversial sale of building services firm Siteserv to tycoon Denis O’Brien. Its explosive findings point the finger squarely at co-founders Brian Harvey and Niall McFadden, with the strong likelihood of further repercussions

Siteserv report finds €8.7m lost at taxpayers’ expense due to sale of company

Commission of investigation, headed by Mr Justice Brian Cregan, was set up in 2015 to investigate the sale of the company by the Irish Bank Resolution Company

Denis O’Brien’s Digicel completes sale of Pacific arm

Australian company Telstra to acquire Digicel Pacific in a deal worth up to $1.85 billion

O’Brien told to rethink plans for 15-storey tower in Dublin

The tycoon’s proposed structure at Grand Canal Quay has been given the thumbs-down by city planners

The twelve deals of the year

In a year that saw many Irish businesses forced to reinvent themselves or even close, the flow of deals kept coming, as these 12 transactions show

O’Brien: business owners should consider selling up

Tycoon says that ‘we are in an up cycle at the moment’ as he noted that business are being valued at higher levels than ever before, due to market strength

Digicel kept afloat by O’Brien’s dealmaking after flirtation with oblivion

The company’s balance sheet is far from a pretty picture, but it is still in much better shape than it was five years ago after striking a deal with its creditors