AIB wrote off debt in excess of €10 million to facilitate the sale of the Irish Examiner and other media assets to the Irish Times.
Between 200 and 300 jobs are expected to go between the two companies through both redundancies and asset disposals. The two companies employ nearly 900 people. Some of the job losses will arise from shared resources in departments including commercial, distribution, human resources and IT.
It is also expected that a number of...
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