Precinct will not block Jurys sale

Precinct has told Jurys Doyle that it will not stop the sale of the group's 4.84-acre site in Ballsbridge, Dublin 4,to developer Seán Dunne, The Sunday Business Post has learned.

6th August, 2005

The decision by Precinct shareholders Bryan Cullen, JJ Murphy and Dave Coleman not to block the sale means that Dunne is not now likely to proceed with a rival bid for the hotel chain. He had lined up plans for a bid if the new owners sought to block his purchase of the Ballsbridge site. The sale of the site will provide about 25 per cent of the finance required for Precinct, which is bidding...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago