Newstalk, the radio station controlled by Denis O’Brien, could be worth as much as €35 million, according to a report by accountants BDO.
The report was commissioned by one of the station’s minority shareholders, Hyper Trust, which has since been put into examinership in a move that effectively puts its 19 per cent stake in the station up for grabs.
Owned by brothers Desmond and Brian Reddy, Hyper Trust was forced to...
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