Pub deal raises questions over sizeable Newstalk stake

Former owners of Hyper Trust attempting to stop sale. Investment firm owns Leopardstown Inn, as well as a 19 per cent stake in Newstalk

1st February, 2015

A major ownership battle has erupted at Hyper Trust, an investment firm that controls 19 per cent of Newstalk and the popular Leopardstown Inn in Dublin.

A company backed by pub and restaurant investors Brian O’Malley and Stephen Cooney has agreed a deal to buy Hyper Trust out of examinership.

However, this is being resisted by Hyper Trust’s original owners, brothers Desmond and Brian Reddy. The Reddys are mounting a legal challenge in an...

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

Tom Maguire: Tax changes we make now could help business for years

More Business Tom Maguire 9 months ago

The Daily Briefing

The Daily Briefing