Struggling Irish SMEs must be looking on with envy at Independent News & Media, after it agreed a €140 million debt write-off deal by its consortium of lenders last week. After all, INM is listed on the stock market and is controlled by a billionaire, the telecoms tycoon Denis O'Brien. Nonetheless, it convinced its banks, including a number in which the state has direct stakes, to take a swingeing hit on their exposure. Meanwhile, many...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team