Private equity firms step up efforts to buy Corrib gas field
Bid team is in ongoing contact with Shell
A consortium of private equity houses has recruited a management team composed of Shell executives as part of its efforts to buy the multibillion euro valued gas field off the Mayo coast.
It is understood that the bid team, comprising up to four private equity firms, is in ongoing contact with Shell, despite an initially unsuccessful bid being lodged before Christmas.
Market sources suggested that alongside the private equity joint venture, several other entities remain...
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EY reports €393m revenues in Republic of Ireland for 2021 financial year
Revenues in the Republic increased 9.5 per cent for the year up to June 2021 to €393 million, up from €359 million in the previous year